• a copy of each share option certificate
• details of any alterations in the rights or any restrictions
attached to your shares, or to other shares in the company,
leading to an increase in the value of your shares
• details of any benefits you have received as an employee
shareholder
• a copy of each share option exercise notice.
Depending on the types of other UK or foreign income or gains
you have, the records you need to keep could include:
• those showing the amount of income that you receive,
for example, a written agreement about the amount
of freelance income you have received
• dividend counterfoils from overseas companies
• bank statements and other personal financial records
to support the amount of any income or gains you receive
• certificates or other evidence of tax deducted in the UK, or
paid or withheld at source in a foreign country, including, where
appropriate, foreign notices of assessment and foreign tax receipts
• details and, where possible, receipts for any expenses you claim.
The records you should keep will depend on your circumstances,
but here are some examples of what it would be useful to keep:
• contracts for the purchase or sale, lease or exchange of
your assets
• any documentation you have describing assets you acquired
but did not buy yourself, for example, assets you received as a
gift or from an inheritance
• details of any assets you have given away or put into a trust
• copies of any valuations taken into account in your calculation
of gains or losses
• bills, invoices or other evidence of payment records such as
bank statements and cheque stubs for costs you claim for the
purchase, improvement or sale of assets.
It would also be sensible to keep correspondence with purchasers
or vendors leading up to the buying or selling of your assets.
You might want to use an asset, such as your home, for both
business and private purposes, or you may let out all or part
of it at some time. If so, you will need to keep sufficient records
to work out what proportion of any gain you make is potentially
taxable, when you dispose of the asset.
10
If you have other income
in the UK or foreign
income or gains
If you have capital gains
or claim capital losses