Hi,
I am filling out the 2007 tax return (Form 11) and would like to know what they are looking for in item 817(a) (Panel M). My income is mainly PAYE but my company do award me stock at below market price. I pay RTOS on these and I have entered the details at items 228(a)&(b) on panel D ('Share options exercised'). These are however shares that I have acquired during 2007 and so seem to fit into the catagory 817(a) of shares. It seems very odd though that I should be accounting for the same shares in two different places on the same return. Is there some other special meaning to 'Chargeable' assets acquired which would exclude these shares already included in item 228, or should I be including the same information twice ??
Thanks,
Usjes.
I am filling out the 2007 tax return (Form 11) and would like to know what they are looking for in item 817(a) (Panel M). My income is mainly PAYE but my company do award me stock at below market price. I pay RTOS on these and I have entered the details at items 228(a)&(b) on panel D ('Share options exercised'). These are however shares that I have acquired during 2007 and so seem to fit into the catagory 817(a) of shares. It seems very odd though that I should be accounting for the same shares in two different places on the same return. Is there some other special meaning to 'Chargeable' assets acquired which would exclude these shares already included in item 228, or should I be including the same information twice ??
Thanks,
Usjes.