16A

Financial Benefits to Encourage Employee Participation: Share Related Income

16A.1 General Introduction

16A.1.2 Older Schemes

16A.1.3 Tax and Non-Tax Factors Affecting Choice of Scheme

16A.1.4 Emoluments in Form of Shares and Share Options-Basic Rules

16A.1.4.1 Remuneration in shares

16A.1.4.1.1 Basic Tax Rules

16A.1.4.2 Priority Allocations-and ITEPA Chapter 10

16A.1.4.3 Options to Acquire Shares

16A.2 FA 2003-Scope and Background

16A.2.1 Securities

16A.2.2 Associated Persons

16A.2.3 Exclusion

16A.3 Share Purchase Incentive Schemes

16A.3.1 Restricted Securities Chapter 2

16A.3.1.1 Chapter 2 Restricted Securities (Previously Conditional Interest in Shares)

16A.3.2 Convertible Securities: charge on Conversion etc Chapter 3

16A.3.3 Post Acquisition Benefits Chapter 4

16A.4 Anti-Avoidance: Manipulation of Values

16A.4.1 Securities with Artificially Depressed Market Value Chapter 3A

16A.4.1.1 Acquisition

16A.4.1.2 Other Tax Charges

16A.4.1.3 Conditional Interests

16A.4.2 Securities with Artificially Enhanced Market Value Chapter 3 B

16A.4.3 Securities Acquired for Less Than Market Value Chapter 3C

16A.4.4 Securities Disposed for Less Than Market Value Chapter 3D

16A.5 Special Tax Rules for Securities Options Part 7 Chapter 5 Sections 471-484

16A.5.1 Introduction

16A.5.2 Acquisition of Option and later chargeable events

16A.5.3 Amount Charged

16A.6 All Employee Share Ownership Plans FA 2000 Now Called Approved Shares Incentive Plans Chapter 6 (Sections 488-515) Schedule 2

16A.6.1 Introduction