Foreign equity · FY 2025-26

RSUs and foreign shares

Shares from a foreign employer are taxed twice, in two different ways. Whoot works out both, and shows the section of the Act behind every number.

New, and still being checked

The Schwab and Shareworks readers are new and have not been tested against a real export yet, so check every row Whoot reads back against your own statement. The tax working has not yet been reviewed by a chartered accountant. Use it to understand your position, then confirm the figures before you file.

Free while Whoot is new. Paid plans are coming, and nothing you can use today will be taken away.

Event 1 · Salary

17(2)(vi)

They vest

The value of the shares on the day they land is salary. It is taxed at your slab rate that year, whether you sell them or not.

Event 2 · Capital gain

49(2AA)

You sell

Only the rise in value since the vest day is a gain. The vest value is already your cost, so the same money is never taxed twice.

Step 1

Your vests

One row per vesting date. The price is the share price on that day, in the currency your broker reports.

Dates in this file

Whoot works out the order from the other dates in the same column. If nothing in the file settles it, those rows are left out rather than guessed at, and listed under the rows that need a look.

No file handy? Four fields per vest is all it takes.

Your file is read on this device to work out the tax. It is never uploaded and never stored.

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