UK tax-advantaged share options are granted under written arrangements which are required to comply with legislative requirements contained in Part 7 and the relevant...
ARCHIVED: This archived Practice Note provides background reading on the main differences between the CSOP guidance in ESSUM and where it can now be found in ETASSUM. It...
Companies in both the US and the UK have a long history of involving employees in equity ownership, and both countries have provided tax breaks and implemented other...
Why do you need to obtain a CSOP valuation? A valuation of the shares granted under company share option plan (CSOP) options will often be required at different stages of...
Capital gains tax—basic principles When a person disposes of an asset and makes a profit that is capital in nature, this has the potential to be a taxable capital gain....
The requirements for a company share option plan (CSOP) rollover are complex. This note will examine: • what is a CSOP rollover? • the reasons for using a CSOP rollover •...
If implemented and maintained correctly and in accordance with the company share option plan (CSOP) legislation, the income tax and National Insurance contributions...
Company share option plans (CSOPs) are discretionary share option plans which can be operated on an all-employee basis but which are usually used on a selective basis. If...
What is a rights issue? A rights issue is: • an offer of new shares or other securities • made to existing shareholders of a company or of a particular class of shares in...
What is a demerger? A demerger is a form of corporate reconstruction. It normally involves the division of a trade (or trades) carried on by a company (or group of...
As a flotation often reaps a higher valuation for the business than under a secondary buyout or trade sale, a flotation of the right business in the right market...
The market value of shares granted under company share option plan (CSOP) options must be determined in order to ensure that: • the exercise price complies with the CSOP...
While company share option plan (CSOP) options do not have to be subject to performance conditions, shareholders typically prefer and expect discretionary share options...
This Practice Note covers the following topics: • the law governing company share option plans (CSOPs) self-certification, registration and filing requirements • the HMRC...
Generally, the statutory provisions governing company share option plans (CSOPs) do not dictate when, or the circumstances in which, options may be or may become capable...
Enterprise management incentives (EMI) schemes and company share option plans (CSOPs) are both tax advantageous discretionary share option schemes used widely in the UK....