Is Capital Gains applicable?

sanch3z_77

Advice on employee shares and Capital Gains Tax please!

I was previously employed by the UK subsidiary of a US company and, as part of my annual reviews, I was awarded a number of shares each year.

The shares are in a scheme (possibly an ESPP?)that is managed by Morgan Stanley who have:

• Withheld a proportion of shares for tax whenever shares have vested
• Withheld a proportion of dividends for tax each quarter (remainder of dividends are reinvested)

I have also completed W-8BEN tax forms as necessary.

My understanding is that I shouldn't have to pay any additional tax. Is that correct or will I have to pay Capital Gains Tax?

I've never cashed in these shares and they've sat there for the past 10+ years. I'm now at the stage of nearing retirement (next 5 years) and not sure how to release the fund without a large tax bill.

TIA

[Deleted User]

Can Morgan Stanley not advise?

sanch3z_77

[Deleted User] said:

Can Morgan Stanley not advise?

I've contacted them several times and they don't reply. I don't know if this is because I'm no longer an employee of the company