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Company shares in VR situation
Karatekid
Posts: 19
Forumite
I have been offered voluntary redundancy by my company. I have approx £30K of company shares that will be made available if I leave - I can either transfer them to a broker or sell them. What are the capital gains rules on selling these shares in a redundancy situation? Is it the same CGT rules/allowances? I am not sure what the "profit" is on the shares (I would need to find these out from the company)
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Comments
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Depends on the scheme and how you accrued them.
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What does “Will be made available if I leave” specifically mean?Does it mean you don’t currently own them or they are options? Are they an incentive to leave? Are they being offered as part of the redundancy package?1
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