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Posted Sun, 02 Jun 2024 20:42:39 GMT by Spike Sticks
I’m about to sell some shares acquired under SAYE however, I didn’t sell the immediately and chose to keep them for just over 3 years. For CGT purposes do I use market value or the cost of purchase under the SAYE scheme for the purchase price?
Posted Wed, 05 Jun 2024 13:08:13 GMT by HMRC Admin 25 Response
Hi Spike Sticks,
It is the market value price.
Please see guidance here:
Tax when you sell shares
Thank you. 

 
Posted Sun, 22 Dec 2024 12:03:29 GMT by San Smith
I thought the cost price for CGT, in this instance, would be the price paid under the SAYE scheme?
Posted Thu, 09 Jan 2025 16:40:41 GMT by HMRC Admin 20 Response
Hi,
Please have a look at the guidance at Tax and Employee Share Schemes and ETASSUM30000 - Schedule 3 Save As You Earn (SAYE) option scheme onwards.
ETSASUM38080 advises "the amount chargeable is based on the value of the shares at the date of acquisition".  
ETASSUM38080 - Schedule 3 SAYE option schemes: Taxation: Post-acquisition income tax consequences - General.
Thank you.

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