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Universal credit and company shares

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Comments

  • em_irv79
    em_irv79 Posts: 18 Forumite
    10 Posts
    Okay thanks. I dont really think the uc people know what to do tbf. Trouble is it will happen twice a year as they sell my shares to cover the tax every March and October:-(
    Thanks for your advice x
  • Hjt95
    Hjt95 Posts: 2 Newbie
    Fifth Anniversary First Post Combo Breaker
    em_irv79 said:
    Okay thanks. I dont really think the uc people know what to do tbf. Trouble is it will happen twice a year as they sell my shares to cover the tax every March and October:-(
    Thanks for your advice x
    em_irv79 said:
    Okay thanks. I dont really think the uc people know what to do tbf. Trouble is it will happen twice a year as they sell my shares to cover the tax every March and October:-(
    Thanks for your advice x
    Hiya can I ask did you ever sort this out? Sorry I know it was a while ago but I’m having the same issue right now x
  • TELLIT01
    TELLIT01 Posts: 18,334 Forumite
    Part of the Furniture 10,000 Posts Name Dropper PPI Party Pooper
    If the shares are available to you to sell, but you choose not to, they will be classed as capital.  Any in a sharesave scheme which hasn't yet matured and are therefore not accessible for sale should not be classed as capital.
  • born_again
    born_again Posts: 22,070 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    Hjt95 said:

    em_irv79 said:
    Okay thanks. I dont really think the uc people know what to do tbf. Trouble is it will happen twice a year as they sell my shares to cover the tax every March and October:-(
    Thanks for your advice x
    Hiya can I ask did you ever sort this out? Sorry I know it was a while ago but I’m having the same issue right now x
    Don't think OP will respond given last seen Feb 18, 2021
    Life in the slow lane
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