Large amount of income reported by me previous employer

Treehoger1

It was 3years. I hadn't really plan that much ahead, things were changing at work, and opportunity came up, so I went for it.

MattMattMattUK

Treehoger1 said:

It was 3years. I hadn't really plan that much ahead, things were changing at work, and opportunity came up, so I went for it.

That is likely where the issue has come from then, if you managed the disposal via the scheme then you could have potentially put them into a pension etc. but you would also loose the benefit on any shares held for less than three years. 

You cannot do anything about the income in 2023-2024 tax year, but you could pay additional amounts into a pension in 2024-2025 to reduce any tax liability for that period. 

Treehoger1

Thank you for your response, it's shame, I transferred them into an ISA hoping to have them for the future, but may need to have to consider what do do, going forward this tax year.