Chargeable gains

Consideration

Legislation/Regulatory – TCGA92 s. 149AA

Exemption

Legislation/Regulatory – FA2013 Sch. 23, para. 20 ; TCGA92 s. 236B

Identification

Legislation/Regulatory – FA2013 Sch. 23, para. 20 ; TCGA92 s. 236E

Material interest in company

Legislation/Regulatory – FA2013 Sch. 23, para. 20 ; TCGA92 s. 236D

Relinquishment of employment rights

Legislation/Regulatory – FA2013 Sch. 23, para. 20 ; TCGA92 s. 236G

Reorganisation of share capital

Legislation/Regulatory – FA2013 Sch. 23, para. 20 ; TCGA92 s. 236F

Restricted and convertible employment-related securities

Legislation/Regulatory – FA2013 Sch. 23, para. 19 ; TCGA92 s. 149AA(1A), (6A)

Spouses/civil partners, exemption

Legislation/Regulatory – FA2013 Sch. 23, para. 18 ; TGCA92 s. 58(2)

Value of qualifying shares

Legislation/Regulatory – FA2013 Sch. 23, para. 20 ; TCGA92 s. 236C

Corporation tax

Convertible shares

Legislation/Regulatory – CTA2009 s. 1034(5) ; FA2013 Sch. 23, para. 32

Deemed payment disregarded

Legislation/Regulatory – CTA2009 s. 1038B ; FA2013 Sch. 23, para. 33

Generally

Legislation/Regulatory – FA2013 Sch. 23, para. 21

Neither restricted or convertible shares

Legislation/Regulatory – CTA2009 s. 1010(1), 1011(4), 1018(1), 1019(1) ; FA2013 Sch. 23, para. 24-27

Qualifying benefits, provision of

Legislation/Regulatory – CTA2009 s. 1292(6ZA), 1293(5A) ; FA2013 Sch. 23, para. 34, 35

Relevant earnings

Legislation/Regulatory – CTA2009 s. 1009(2A), (6) ; FA2013 Sch. 23, para. 23

Restricted shares

Legislation/Regulatory – CTA2009 s. 1026(5), 1027(5) ; FA2013 Sch. 23, para. 29, 30

Takeover of company

Legislation/Regulatory – CTA2009 s. 1022(5) ; FA2013 Sch. 23, para. 28

Employment income exemption

Legislation/Regulatory – FA2013 Sch. 23, para. 37 ; ITEPA2003 s. 326B

Employment rights

Agreement with company

Legislation/Regulatory – ERA96 s. 205A(6)

Company buy backs

Legislation/Regulatory – ERA96 s. 205A(12)

Costs

Legislation/Regulatory – ERA96 s. 205A(7)

Detriment, not to suffer

Legislation/Regulatory – ERA96 s. 47G

Flexible working

Legislation/Regulatory – ERA96 s. 205A(8)

Issue/allotment of shares

Legislation/Regulatory – ERA96 s. 205A(1)

Maternity and paternity leave

Legislation/Regulatory – ERA96 s. 205A(3), (4)

Restriction on rights

Legislation/Regulatory – ERA96 s. 205A(2)

Statement of particulars of staus

Legislation/Regulatory – ERA96 s. 205A(5)

Status of employee shareholder

Legislation/Regulatory – ERA96 s. 205A

Unfair dismissal

Legislation/Regulatory – ERA96 s. 104G, 205A(9)

Value of shares

Legislation/Regulatory – ERA96 s. 205A(1), (11)

Income tax treatment

Amount treated as earnings

Legislation/Regulatory – ITEPA2003 s. 226A

Artificially depressed market value

Legislation/Regulatory – FA2013 Sch. 23, para. 8 ; ITEPA2003 s. 446B(4)

Associated agreements, only one payment deemed to be made

Legislation/Regulatory – ITEPA2003 s. 226C

Convertible securities

Legislation/Regulatory – FA2013 Sch. 23, para. 7 ; ITEPA2003 s. 446B(4)

Deemed payment for

Legislation/Regulatory – FA2013 Sch. 23, para. 12 ; ITEPA2003 s. 226B, 479(3A)

Enterprise management incentives

Legislation/Regulatory – FA2013 Sch. 23, para. 13, 14 ; ITEPA2003 s. 531(3A), 532(4A)

Generally

Legislation/Regulatory – FA2013 Sch. 23

Material interest in company, shareholder or connected person having

Legislation/Regulatory – ITEPA2003 s. 226D

Purchase by company of exempt employee shareholder shares

Legislation/Regulatory – FA2013 Sch. 23, para. 16 ; ITTOIA2005 s. 385A

Research institution spin-out companies

Legislation/Regulatory – FA2013 Sch. 23, para. 11 ; ITEPA2003 s. 452(2)

Restricted securities

Legislation/Regulatory – FA2013 Sch. 23, para. 5, 6 ; ITEPA2003 s. 428(7), 431(3)
HMRC Guidance – ERSM30370 ; ERSM30400

Securities at less than market value

Legislation/Regulatory – FA2013 Sch. 23, para. 9 ; ITEPA2003 s. 446T(3)