Although statutory corporation tax relief for share plans has been available since 2003 (older readers may still think of this as ‘Schedule 23 relief’) companies can still encounter practical issues when applying the provisions. We will consider some areas that can give rise to difficulties as follows:
Under CTA 2009 Part 12 a statutory deduction potentially applies to all forms of employee share awards (e.g. share options RSUs long term incentive plans and employee stock purchase plans). This includes shares obtained under HMRC...
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Although statutory corporation tax relief for share plans has been available since 2003 (older readers may still think of this as ‘Schedule 23 relief’) companies can still encounter practical issues when applying the provisions. We will consider some areas that can give rise to difficulties as follows:
Under CTA 2009 Part 12 a statutory deduction potentially applies to all forms of employee share awards (e.g. share options RSUs long term incentive plans and employee stock purchase plans). This includes shares obtained under HMRC...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: