At below market value

Exemptions

Partly paid shares

Seven-year window

Subsequent tax charges

Tax principles

Unpaid consideration treated as loan

Changes following

Conditional shares regime

Corporation tax relief on

Elections (effect of)

Employee benefit trusts, by

Forfeitable securities

Generally

Money's worth

Private companies – Companies Act model articles

Reporting obligations

Restricted securities

Share options

Common law position

Corporation tax relief

Exercise of options

Grant of options

Release for consideration

Scope of statutory scheme

Status of securities

Tax charge

On acquisition

On future events

Tax principles

Terms of offer