The second Employment-Related Shares & Securities Bulletin providing information and updates on developments relating to employment-related securities, including tax-advantaged employee share schemes has been published.
The 2nd bulletin contains articles on:
- The current consultation on the Office of Tax Simplification recommendations on tax-advantaged employee share schemes
- Enterprise Management Incentives
- Section 430/431 ITEPA tax elections – such an election between the employer and the employee has the effect of ignoring some/all of the restrictions in determining the market value of securities for the purposes of assessing income tax chargeable
- Definition of Market Value in Share Incentive Plans