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Free shares

The latest news and discussion on Royal Mail Shares.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
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claystones
Posts: 329
Joined: 02 Mar 2010, 23:34
Gender: Male

Free shares

Post by claystones »

Hi can anyone help please I am due to finish on ill health with royal mail on November 2nd after the free shares are available to sell if I leave on ill health do I get the shares tax free thanks
TrueBlueTerrier
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Joined: 30 Dec 2006, 10:29
Gender: Male
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Free shares

Post by TrueBlueTerrier »

claystones wrote:Hi can anyone help please I am due to finish on ill health with royal mail on November 2nd after the free shares are available to sell if I leave on ill health do I get the shares tax free thanks
yes

http://www.royalmailchat.co.uk/communit ... 38&t=68691" onclick="window.open(this.href);return false;
If you leave Royal Mail for any of the following reasons:

You have an injury or disability which means you can no longer do your job
You are made redundant
You retire
The part of the company or business you work for is sold or transferred
You die,
you will not lose your Free Shares and you (or the people managing your estate if you die) will not have to pay income tax or National Insurance on their value.
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