Advance Assurance

Alteration of share capital, disqualifying events

Alternatives to

Amending options

Annual reporting

Annual returns

Appeals

Armed forces reservists

Capital gains tax

Generally

Qualifying shares

Rights issues in respect of qualifying shares

Cash cancellation (example)

Cessation of employment

CGT entrepreneurs' relief

Changes from FA 2013

Coal production, excluded activities

Company reorganisations

Generally

Grant of replacement option

Period within which replacement option must be granted

Qualifying exchange of shares, meaning

Qualifying requirements for replacement option

Company transactions

Company reorganisations

Demergers

Generally

Variation of share capital

Conversion of shares, disqualifying events

Corporation tax

Dealing in goods, excluded activity

Definitions

Demergers

Design (lighter regime)

Disqualifying event

Disqualifying events

Actual relevant working time

Alterations of share capital

Company takeovers/reorganisations

Conversion of shares

Effect of

Employee's working time

Generally

Elections (restricted securities)

Eligibility

Company

Employees

Gross assets

Scheme requirements

Shares

Trade

Eligible employees

Associate, meaning

Associates

Commitment of working time, requirement

Employment requirement

Material interest

Material interest, meaning

Material interest, options and interests

Meaning

No material interest requirement

Shares held in share incentive plans

Working time

Working time, meaning

EMI code

Generally

Power to amend

Employee benefit trusts

Employee numbers

Employee ownership trusts

Employee shareholder shares

Employer company

Enquiries

Coal

Dealing in goods

Financial activities

Generally

Hotels and comparable establishments

Leasing

Licence fees, receiving

Nursing and residential homes

Property development

Royalties, receiving

Shipbuilding

Steel

Entrepreneur's relief

Entrepreneurs' relief

– see also Entrepreneurs' relief

Generally

Establishing the scheme

Exercise of option and sale of shares on same day

Financial activities, excluded activities

Flexibility

Generally

Granting options

Grantor of options

Gross assets test

Gross assets, value

HMRC enquiries

Hotel management and similar, excluded activities

Implementation costs

Implementation process

Income tax

40-day period of grace

Alteration of share capital, disqualifying event

Company reorganisations, disqualifying event

Conversion of shares, disqualifying event

Disqualifying events

Effect on other income tax charges

Employee, disqualifying events relating to

Exercise of option to acquire shares at less than market value, limitation of charge

Exercise of option to acquire shares at market value, no charge

Grant of CSOP option, disqualifying event

Interaction with other legislation

Option granted at below market value/nil cost

Readily convertible assets

Relevant company, disqualifying events relating to

Relief

Residence test

Taxable benefits, exclusion of charge on

Income tax and NIC

Independence requirement

Information powers

Information, power to require

Internationally mobile employees

Introduction

Leasing, excluded activities

Leavers

Licence fees, excluded activities

Limit on options held

Location of activity

Market value of shares

Appeals

Determination

Generally

Meaning

Material interest

Maximum entitlement of employee

Maximum value of options in respect of relevant company's shares

Notice of option to be given to HMRC

Appeals

Completion of enquiry

Correction of notice by Revenue and Customs

Generally

Notice of enquiry

Nursing and residential homes, excluded activities

Options

Amending

Granting of

Registration of

Performance conditions

Permanent establishment in UK

Private companies

Property development, excluded activities

Property managing subsidiaries

Purpose of granting option

Qualifying companies

Coal production, excluded activities

Dealing in goods, excluded activity

Excluded activities

Financial activities, excluded activities

Generally

Gross assets

Gross assets requirement

Hotel management and similar, excluded activities

Hotels and comparable establishments

Independence requirement

Leasing of ships

Leasing, excluded activities

Licence fees, excluded activities

Meaning

Number of employees

Number of employees requirement

Nursing and residential homes, excluded activities

Nursing homes and residential care homes

Permanent establishment

Permanent establishment requirement

Property development

Property development, excluded activities

Property managing subsidiaries

Property managing subsidiaries requirement

Provision of facilities for another business

Qualifying 90 per cent subsidiary, meaning

Qualifying subsidiaries requirement

Qualifying subsidiaries, meaning

Qualifying trade, meaning

Receipts of royalties and licence fees

Royalties, excluded activities

Shipbuilding, excluded activities

Steel production, excluded activities

Subsidiaries

Trading activities

Trading activities requirement

UK permanent establishment requirement

Wholesale and retail distribution

Qualifying options

Exercise within ten years

General requirements

Generally

Maximum entitlement of employee

Maximum value of options, relevant company's shares

Meaning

Non-assignability of rights

Purpose of granting option

Terms of option in writing

Types of shares that may be acquired

Qualifying trade

Reasonable excuse for non-compliance

Registration procedure

Relevant company, meaning

Reorganisations

Conditions for grant of replacement options

Disqualifying events

Grant of replacement options

Qualifying exchange of shares

Reporting

Restricted securities

Restrictions and conditions

Royalties, excluded activities

Scheme requirements

Share-for-share exchanges

Shipbuilding, excluded activities

State aid

Steel production, excluded activities

Subsidiary (meaning)

Take-up figures

Tax treatment

Amending options

Corporation tax relief

Disqualifying events

Employees

Exercise of option

Grant of option

Implementation costs

Income tax and NIC

Overview

Terms of option

Agreement in writing

Period of option

Types of shares

Time-limits, compliance with

Transitional provisions and savings

Treasury powers

UK permanent establishment requirement

Value of shares

Variation of share capital