Tax-advantaged share schemes and unapproved options: interaction of income tax and CGT rates before 5 April 2010 | Practical Law

Tax-advantaged share schemes and unapproved options: interaction of income tax and CGT rates before 5 April 2010 | Practical Law

This practice note is a consideration of the significance of the capital gains tax changes announced in the 2007 Pre-Budget Report for CSOP options, EMI options, SAYE options and share incentive plans, which took effect on 6 April 2008. As various different scenarios need to be considered, the note is, of necessity, reasonably detailed. The note considers the tax position up to 5 April 2010, when a new additional rate (50%) of income tax was introduced.

Tax-advantaged share schemes and unapproved options: interaction of income tax and CGT rates before 5 April 2010

by Practical Law Share Schemes & Incentives
Law stated as at 04 Apr 2010
This practice note is a consideration of the significance of the capital gains tax changes announced in the 2007 Pre-Budget Report for CSOP options, EMI options, SAYE options and share incentive plans, which took effect on 6 April 2008. As various different scenarios need to be considered, the note is, of necessity, reasonably detailed. The note considers the tax position up to 5 April 2010, when a new additional rate (50%) of income tax was introduced.