ERSM110000 - Securities Options

Contents

Introduction

ERSM110010What are securities options?
ERSM110020What are securities options – cash alternatives to securities
ERSM110030Changes from 16 April 2003
ERSM110050Legislation: overview of liability
ERSM110060Application of Chapter 5 (amended by Schedule 22) to options

Option grant

ERSM110100Abbott v Philbin
ERSM110110Grant of option
ERSM110200Charge on grant of long options – old rules

The charge

ERSM110210Post-acquisition charges on options – old rules
ERSM110500Post-acquisition charges on options – post-Schedule 22 FA 2003
ERSM110510Computation of option gain
ERSM110520Deductible amounts: employer’s NIC met by employee
ERSM110530Deductible amounts: special contribution met by employee
ERSM110540Non-deductible amounts
ERSM110550Employee deprived of securities by operation of law
ERSM110560Exercise of EMI options
ERSM110600Non-residents: exercise after leaving UK
ERSM110700Deferment of tax on option gains – pre-5 April 1984 options
ERSM110800Exchange of one option for another

Capital Gains Tax

ERSM110850Capital Gains Tax on sale of securities acquired

Earn-outs

ERSM110900Earn-outs: what are they?
ERSM110910Earn-outs: overview of liability
ERSM110920Earn-outs: potential liability under Chapter 5
ERSM110930Earn-outs: restricted securities
ERSM110940Earn-outs: key indicators of earn-out being sale consideration

Rights issues and bonus shares

ERSM111000Rights issues
ERSM111100Bonus shares

Home|Main Contents|Manual Contents

Top