David Pett of the Pinsent Masons Share Plans team looks at some issues currently of interest to share plan practitioners
This article follows on from the summary of how the NICs legislation impacts on employee share plans (see The Tax Journal 16 February Issue 728 and 28 June 2004 Issue 747).
Inland-Revenue-approved share options
NICs are levied upon the amount on which PAYE is to be accounted for if an Inland-Revenue-approved Company Share Option Plans (CSOP) option is exercised before the third anniversary of the date of grant (otherwise than within six months after the optionholder ceases to hold office or employment by reason of injury disability redundancy or retirement on or...
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David Pett of the Pinsent Masons Share Plans team looks at some issues currently of interest to share plan practitioners
This article follows on from the summary of how the NICs legislation impacts on employee share plans (see The Tax Journal 16 February Issue 728 and 28 June 2004 Issue 747).
Inland-Revenue-approved share options
NICs are levied upon the amount on which PAYE is to be accounted for if an Inland-Revenue-approved Company Share Option Plans (CSOP) option is exercised before the third anniversary of the date of grant (otherwise than within six months after the optionholder ceases to hold office or employment by reason of injury disability redundancy or retirement on or...
If you are not a subscriber, subscribe now to read this content.
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