Alterations

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 31

Anti-avoidance provisions, eligible shares

Legislation/Regulatory – FA2010 s. 39 ; ITEPA2003 Sch. 4, para. 17

Approval

Alteration, notice of decision

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 31

Appeal against refusal/withdrawal

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 29, 32

Application for

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 28

General requirements

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 4-6

Generally

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 1

Limit on value of shares subject to options

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 6

Restriction on contents of scheme

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 5

Withdrawal

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 30

Approved

Legislation/Regulatory – ITEPA2003 s. 521
HMRC Guidance – BIM44010

Armed forces reservists

Legislation/Regulatory – ESC A103

Associated company, meaning

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 35

Capital gains tax

Legislation/Regulatory – TCGA92 Sch. 7D, para. 11-13

Company reorganisation

Legislation/Regulatory – FA2013 Sch. 2, para. 30 ; ITEPA2003 Sch. 4, para. 26, 27

Costs of establishing

Legislation/Regulatory – CTA2009 s. 999 ; ITTOIA2005 s. 94A
HMRC Guidance – BIM44020

CSOP code

Legislation/Regulatory – ITEPA2003 s. 521(4)

CSOP schemes

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 2

Deductions for costs of setting up

Legislation/Regulatory – CTA2009 s. 999

Definitions

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 36, 37

Discount, option granted at

Legislation/Regulatory – ITEPA2003 s. 526
HMRC Guidance – CG56425 ; ERSM71020

Eligibility of individuals

Associate, meaning

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 12-14

Employment requirement

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 8

Material interest, meaning

Legislation/Regulatory – FA2013 Sch. 2, para. 43 ; ITEPA2003 Sch. 4, para. 10, 11

No material interest requirement

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 9

Eligible shares

Anti-avoidance provisions

Legislation/Regulatory – FA2010 s. 39 ; ITEPA2003 Sch. 4, para. 17

Employee-control shares

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 20

Fully paid up and not redeemable

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 18

Generally

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 15

Listing requirements

Legislation/Regulatory – FA2010 s. 39 ; ITEPA2003 Sch. 4, para. 17

Open market shares

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 20

Ordinary share capital

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 16

Restrictions

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 19

Enterprise management incentives

Legislation/Regulatory – ITEPA2003 s. 539

Exchange of options on company reorganisation

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 26, 27

Exercise of option

Ceasing to be director or employee

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 24

Company events

Legislation/Regulatory – FA2013 Sch. 2, para. 29 ; ITEPA2003 Sch. 4, para. 25A

Death

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 25

Exclusion of income tax liability

Legislation/Regulatory – FA2013 Sch. 2, para. 14, 26 ; ITEPA2003 s. 524
HMRC Guidance – CG56425 ; CG56450 ; ERSM110050 ; ERSM71010

No charge

Legislation/Regulatory – ITEPA2003 s. 524

Price for acquisition of shares

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 22

Transfer prohibition

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 23

Good leavers

Legislation/Regulatory – FA2013 Sch. 2, para. 26 ; ITEPA2003 s. 524(2), (2BA)-(2L)

Grant by reason of employment

Legislation/Regulatory – ITEPA2003 s. 522

Group schemes

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 3

Information, power to require

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 33
HMRC Guidance – COG945240

Internationally mobile employees

Legislation/Regulatory – IRInt. 236

Jointly owned companies

Legislation/Regulatory – ITEPA2003 Sch. 4, para. 34

Market value of shares

Commentary – Hardman's Tax Rates and Tables ¶3-805

Material interest

Legislation/Regulatory – FA2003 Sch. 21, para. 16(2) ; ITEPA2003 Sch. 4, para. 10, 11, 13, Sch. 7, para. 87

Maximum options

Commentary – Hardman's Tax Rates and Tables ¶3-805

Restricted shares

Legislation/Regulatory – FA2013 Sch. 2, para. 67-76

Retirement of participators

Legislation/Regulatory – FA2013 Sch. 2, para. 14, 15

Transitional provisions and savings

Legislation/Regulatory – ITEPA2003 Sch. 7, para. 73-76