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HMRC highlights company share option plan changes

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HMRC has published a reminder of changes to the company share option plan (CSOP) rules from 6 April 2023. HMRC’s Employment Related Securities Bulletin 48 highlights the following key changes:

  • the share options limit will increase from £30,000 to £60,000; and
  • restrictions on classes of qualifying shares will be removed.

The bulletin also notes the impact of the reduction in the CGT annual exempt amount to £6,000 from 6 April 2023.

HMRC’s Employee Tax Advantaged Share Scheme User Manual has been updated to reflect the changes (principally at ETASSUM40000 and ETASSUM50000).

Issue: 1606
Categories: News
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