Changes to tax-approved share schemes: notification, self-certification and online filing

The draft Finance Bill 2014 proposes a number of changes to the approval process for employee share schemes.

The changes include the introduction of an electronic notification process and online annual return filing system and the replacement of the HM Revenue & Customs approval process by a self-certification regime. The consultation period for the bill ends on 4 February 2014, with enactment expected by summer 2014.

Allen & Overy summarises below the impact of these changes if these are enacted as currently proposed and the steps that companies will need to take…

If you are registered and logged in to the site, click on the link below to read the rest of the Allen & Overy briefing. If not, please register or sign in with your details below.

Analysis from The Lawyer

  • Panel reviews

    Panel reviews 2014: The chosen ones

    Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all

  • training

    Accutrainee: Revolution postponed

    At the time of its launch Accutrainee was described as a revolutionary change to the training model. Has it proved to be so? Not really.

View more analysis from The Lawyer

Overview

One Bishops Square
London
E1 6AD
UK
http://www.allenovery.com

Jurisdiction: UK
No. of offices: 11
No. of qualified lawyers: 273