Unapproved share schemes
Acquisition at less than market value
Basic charge
Generally
Legislation
Non-residents
Anti-avoidance
Artificially depressed market value
Acquisition, charge on
Adjustment of market value
Conditional interests, charge on
Consideration for entitlement to convert, charge on
Conversion, charge on
Generally
Interaction with other provisions
Non-residents
Residence
Restricted securities, charge on
Artificially enhanced market value
Alphabet shares
Charge on non-commercial increases
Generally
Interaction with other provisions
Legislation
Restriction during relevant period
Restriction on valuation date
Associated persons
Case law
Consideration
Convertible securities
Acquisition, charge on
Calculation of later charge
Disability, exclusion from charge
Employee-controlled companies
Exclusions from charge
Flowering or blossoming shares
Generally
Later chargeable event, charge on
Legislation
Non-residents
Residence
Corporation tax relief
Disapplication of legislation
Disposals for more than market value
Generally
Non-residents
Residence
Double taxation
Earn-outs
Employment-related securities
Generally
Legislation
Market value
National Insurance contributions
Non-residents
Partly-paid shares
Caveat emptor
Charge on acquisition
Corporation tax relief
Generally
Interaction with other legislation
Loans
Notional loan
Risks involved
Post-acquisition benefits from securities
Application of rules
Exception from charge
Non-residents
Ratchets
Residence
Post-acquisition benefits from securities amount of charge
Quoted companies
Ratchets
Replacement securities
Residence and non-residents
Arrival and departure
Double taxation treaties
Foreign securities income
General earnings and specific employment income, distinction between
Generally
National Insurance contributions
PAYE
Split-year treatment
Taxable specific income
Year of arrival/departure
Restricted securities
Acquisition of shares up to 15 April 2003
Acquisition, charge on
Artificially depressed market value
Calculation of charge
Chargeable events
Convertible
Disapplication of legislation, election out of deferrable regime
Disposals by employees
Elections
Exceptions
Exclusions from charge
Forfeitable securities, election out of deferral regime
Generally
Identification
Long-term incentive plans
Losses, hidden charge on
Meaning
Non-residents
PAYE
Post-acquisition events, charge to tax
Residence
Two separate restrictions
Valuations
Review by Office of Tax Simplification
Securities, meaning
Taxed securities options
Assignment or release of option
Associated person, meaning
Benefit in kind charge
Chargeable events
Corporation tax relief
Date of exercise of option, importance of
Employee's residence status
Employment-related securities option
Exchange of options
Exercise of option
Generally
Grant of option
Market value
National Insurance contributions
Non-residents
PAYE income
Residence
Sale of securities acquired through option
Vesting of an option
Underwater options
Unquoted shares and securities