That was fast! Thanks. I've not yet actually done the ROS sign-up, did I see somewhere that some of it will be pre-populated?Yes it's one or the other. You are stuck with the Form 11 now
That was fast! Thanks. I've not yet actually done the ROS sign-up, did I see somewhere that some of it will be pre-populated?
You're probably benefiting from additional income in respect of share options in excess of €5k p.a. and consequently have become a "chargeable person" subject to self assessment (via ROS/Form 11) instead of simply being PAYE (and able to use myAccount/Form 12).To add - I am dumbfounded as to why share options are not part of MyAccount in the first place, but that's for another day,
The value is irrelevant. If you exercise, assign or release share options that automatically makes you a chargeable person for that year.You're probably benefiting from additional income in respect of share options in excess of €5k p.a.
Ah, ok. I may have been thinking of ESPPs?The value is irrelevant. If you exercise, assign or release share options that automatically makes you a chargeable person for that year.
Some ESPPs ARE share options, as is the case in the OP here.I may have been thinking of ESPPs?
Not really. They're dealt with under self assessment so why would they be on myAccount?Good to know the form is pre-populated. I'm not questioning so much why I am now chargeable but rather why the items that triggered this (e.g share options) are not part of MyAccount in the first place. Not really a complaint, it just seems very odd.
I mean could they not also be made available under MyAccount, thus avoiding the need to transition to self assessment for the many PAYE employess (I would think) whose tax affairs are straightforward.Not really. They're dealt with under self assessment so why would they be on myAccount?
If/when they ever change the rules/policy so that options don't make an individual a self-assessed "chargeable person" then I guess that they'll add the option to declare them to myAccount at that stage?I mean could they not also be made available under MyAccount, thus avoiding the need to transition to self assessment for the many PAYE employess (I would think) whose tax affairs are straightforward.
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