Employment-related securities

Employment-related securities guidance:

Convertible securities are: • employment-related securities (see: What is an employment-related security?) • with the capacity to convert into securities of a different...

Practice Note

This note explains the income tax treatment of convertible securities. The definition of convertible securities is set out in Convertible securities—definition. The basic...

Practice Note

An employing company is entitled to corporation tax relief, under a specific set of rules in the Corporation Tax Act 2009 (CTA 2009), in relation to: • the acquisition of...

Practice Note

An earn-out is a particular way of structuring the consideration payable for the acquisition of shares in a company (the Target) where at least part of the price is to be...

Practice Note

Employment-related securities and securities options The definition of an employment-related security is broadly any security (which includes shares, certain rights under...

Practice Note

Employers (or other responsible persons) are required to provide specified information to HMRC in relation to reportable events involving employment-related securities or...

Practice Note

The procedure for making joint restricted securities elections is the same regardless of whether the election is made under section 425(3), 430 or 431 of the Income Tax...

Practice Note

Where an employee or director acquires, holds or disposes of shares or securities in connection with his or her employment, income tax on employment income can arise...

Practice Note

ARCHIVED: This Practice Note has been archived and is not maintained. Following recommendations of the Office of Tax Simplification and an HMRC consultation, the...

Practice Note

ARCHIVED: This Practice Note has been archived and is not maintained. Following recommendations of the Office of Tax Simplification and an HMRC consultation, the...

Practice Note

Introduction This Practice Note discusses the taxation of internationally mobile employees and directors in relation to employment-related securities (ERS) charged to tax...

Practice Note

Introduction This Practice Note discusses the taxation of internationally mobile employees and directors in relation to securities options (options) charged to tax within...

Practice Note

[11.9] Each Manager and any Permitted Transferee (other than an associated person as defined in section 421C of the Income Tax (Earnings and Pensions) Act 2003 (ITEPA...

Precedents

[11.9] Each Founder and any Permitted Transferee (other than an associated person as defined in section 421C of the Income Tax (Earnings and Pensions) Act 2003 (ITEPA...

Precedents

The stated purpose of National Insurance contributions (NICs) is to fund and enable eligibility for certain state benefits, such as the state pension, and other social...

Practice Note

The stated purpose of National Insurance contributions (NICs) is to fund certain state benefits such as the State Pension, as well as other social security benefits such...

Practice Note

The stated purpose of National Insurance contributions (NICs) is to fund certain state benefits such as the State Pension, as well as other social security benefits such...

Practice Note

The income tax charges associated with employment-related securities and securities options typically arise upon acquisition of securities, or because an amount of...

Practice Note

Pay as you earn (PAYE) is the mechanism by which income tax (and National Insurance contributions (NICs) and certain other statutory deductions) must be withheld and...

Practice Note

Pay as you earn (PAYE) is the mechanism by which income tax (and National Insurance contributions (NICs) and certain other statutory deductions) must be withheld and...

Practice Note

Pay as you earn (PAYE) is the mechanism by which income tax (and National Insurance contributions (NICs) and certain other statutory deductions) must be withheld and...

Practice Note

This note deals with the specific rules contained within sections 447–450 of Income Tax (Earnings and Pensions) Act 2003 (ITEPA 2003) (Part 7, Chapter 4), which subject...

Practice Note

This Practice Note summarises the taxation of internationally mobile employees and directors in relation to securities options (Options) charged to tax within Chapter 5...

Practice Note

The rules applying to directors and employees in relation to restricted securities contained within Chapter 2, Part 7 of Income Tax (Earnings and Pensions) Act 2003...

Practice Note

This practice note deals with the specific rules applying to employment-related securities acquired for less than market value contained within Chapter 3C, Part 7 of...

Practice Note

This note deals with the specific rules contained within sections 446X–446Z of Income Tax (Earnings and Pensions) Act 2003 (ITEPA 2003 ) (Part 7, Chapter 3D) that apply...

Practice Note

A specific set of income tax rules (in ITEPA 2003, Part 7, Chapter 5) applies to securities options that are employment-related. These are the rules that typically bring...

Practice Note

Specific income tax rules (at sections 471–484 of the Income Tax (Earnings and Pensions) Act 2003 (ITEPA 2003)) apply to securities options that are employment-related....

Practice Note

The need to value employee shares When considering offering shares to employees, whether directly and/or pursuant to a share plan, employer companies and company...

Practice Note

The rules applying to directors and employees in relation to restricted securities contained within Chapter 2, Part 7 of Income Tax (Earnings and Pensions) Act 2003...

Practice Note