Originally posted by alpe19
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From your source:
The 83(b) election gives the co-founder the option to pay taxes on the equity upfront before the vesting period starts. This tax strategy will only require that tax be paid on the book value of $1,000.
https://www.cbw.co.uk/2021/02/taxati...ock-units-rsu/
An RSU is a type of share that may be restricted for some reason – for example, it may not have any voting rights when granted or be contingent on certain targets being met before the shares actually vest.
The first time that they are exposed to tax is upon vesting, at which time both income tax and NIC are due. Employers will usually deal with this under PAYE and so, if you are the recipient of some RSUs, initially there is nothing you need to do to make that happen.
If you are a contractor then probably you can simply declare stock dividends when the shares are vested. However HMRC might view this as an employment contract and want to charge NICs.
I would get some professional advice.
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