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Cash in shares

27 Sep 2020, 10:14

What date can we cash all the shares in tax free am I right in saying it will be 5 years coming up soon.

Cash in shares

27 Sep 2020, 10:46

The free shares were awarded on the following dates:

15th October 2013
9th April 2014
5th October 2015
6th October 2016

So you can only sell the first 2 batches completely tax free. You only have to wait a week or so to sell the 3rd, but just over a year for the 4th.

Cash in shares

27 Sep 2020, 18:59

OK thanks for the info

Cash in shares

28 Sep 2020, 03:47

I’ve just sold a batch of shares and was wondering if the money goes straight into your bank account like the dividends or if they are added to your weekly wage slip??

Cash in shares

28 Sep 2020, 04:35

I haven't sold any of my free shares, but I think how the money is paid depends on whether they've reached their 5 year anniversary or not.

If they have, your money will be paid straight into your bank account. If they haven't it'll be paid via your wages an taxed accordingly.

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