Tax withholding on shares works out to be 53% of the gross value of the shares (before fees / deductions, so more like 55-58% if it is applied post-fees)... does that sound right? Is it the higher rate income tax and additional National Insurance?
It's "just income", so what would be the marginal rate if it were arriving as cash? That's the tax part so then anything extra is something magic.
@wence started
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Tax withholding on shares works out to be 53% of the gross value of the shares (before fees / deductions, so more like 55-58% if it is applied post-fees)... does that sound right? Is it the higher rate income tax and additional National Insurance?