Commentary

45 Employment-related securities and interests in securities

COMPANIES vol 11 acquisitions, mergers, demergers
| Commentary

45 Employment-related securities and interests in securities

| Commentary

45 Employment-related securities and interests in securities

Some of the most significant provisions of Part 7 (Sections 417 to 554) of the Income Tax (Earnings and Pensions) Act 2003 are those applying to employment-related securities. These are ‘securities, or an interest in securities, acquired by a person where the right or opportunity to acquire the securities or interest is available by reason of an employment of that person or any other person’1. The scope of the regime is considerably extended by the inclusion of a deeming provision. This provides that a right or opportunity to acquire securities or an interest

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