SolvedERSM170500 | PAYE & NICs: PAYE & NICs - commencement dates
From HM Revenue & Customs · Employment Related Securities Manual
The following table summarises the dates PAYE and NICs began to apply to the various charges on shares or securities:
| Charge | Statute | PAYE from | Class 1 NICs from | Class 1A NICs from |
|---|---|---|---|---|
| Acquisition of share or security | Up to 5/4/03 - S19 ICTA 1988 on tradeable assets. | 25/5/94 | 6/6/95 | N/A |
| Acquisition of share or security | From 6/4/03 - S62 ITEPA 203 on readily convertible assets. | 06/04/98 | 01/10/98 | - |
| Share option gains | Up to 5/4/03 - S135 ICTA 1988.From 6/4/03 -Ch 5 Pt 7 ITEPA, on exercise of share options. | 27/11/96 | N/A | N/A |
| Share option gains | Up to 5/4/03 - S135 ICTA 1988. From 6/4/03 -Ch 5 Pt 7 ITEPA on the release of options (whenever granted). | 27/11/96 | 6/4/99 | N/A |
| Share option gains | Up to 5/4/03 - S135 ICTA 1988. From 6/4/03 -Ch 5 Pt 7 ITEPA, on option gains on options granted after 5/4/99. | - | 6/4/99 | - |
| Approved share schemes | Discounted EMI options. | 9/4/03 | 9/4/03 | N/A |
| Approved share schemes | SIP shares taken out of the plan within 5 years of the award. | 28/07/00 | 28/07/00 | N/A |
| Approved share schemes | Early exercises of CSOP options. | 9/4/03 | 9/4/03 | N/A |
| Securities option gains | From 1/9/03 - Ch 5 Pt 7 ITEPA. | 1/9/03 | 1/9/03 | N/A |
| Conditional shares acquired before 16/4/03 | From 17/3/98 to 5/4/03 -S140A ICTA 1988. From 6/4/03 -Ch 2 Pt 7 ITEPA 2003. | 6/4/98 | 9/4/98 | N/A |
| Restricted shares acquired before 16/4/03 | Up to 5/4/03 - S78 FA 1988. Ch 4 Pt 7 ITEPA 1988 to 31/8/03. | N/A | N/A | N/A |
| Restricted securities | From 1/9/03 - Ch 2 Pt 7 ITEPA 2003. | N/A | N/A | N/A |
| Convertible shares | From 17/3/98 to 5/4/03 -S140D ICTA 1988. From 6/4/03 - Ch 3 Pt 7 ITEPA 2003. | 6/4/98 | 9/4/98 | N/A |
| Convertible securities | From 1/9/03 - Ch 3 Pt 7 ITEPA 2003. | 1/9/03 | 1/9/03 | N/A |
| Special benefits | Up to 5/4/03 - S80 FA 1988. | N/A | N/A | N/A |
| Benefits in connection with securities | From 6/4/03 - Ch 4 Pt 7 ITEPA 2003. | 1/9/03 | 1/9/03 | N/A |
| Partly-paid shares acquired before 16/4/03 | Up to 5/4/03 - S162(1) ICTA 1988. | N/A | N/A | 6/4/00 |
| Partly-paid shares acquired before 16/4/03 | From 6/4/03 - Ch 8 Pt 3 ITEPA 2003. | N/A | N/A | 6/4/03 |
| Partly-paid securities acquired on or after 16/4/03 | Ch 3C Pt 7 ITEPA 2003 from 16/4/03. | 1/9/03 | 1/9/03 (on discharge on notional loan) | 1/9/03 (on the notional loan) |
| Partly-paid securities acquired on or after 16/4/03 | Annual charge under Ch 7 Pt 3 | - | - | 16/04/03 |
| Stop-loss | Up to 5/4/03 - S162(6) ICTA 1988 | N/A | N/A | N/A |
| Stop-loss | From 6/4/03 - Ch 9 Pt 3 ITEPA 2003 | N/A | N/A | N/A |
| Stop-loss | From 16/04/03 - Ch 3D Pt 7 ITEPA 2003 | 1/9/03 | 1/9/03 | N/A |
| Securities with artificially depressed MV | From 16/4/03 - Ch 3A Pt 7 ITEPA 2003 | 1/9/03 | 1/9/03 | N/A |
| Securities with artificially enhanced MV | From 16/4/03 - Ch 3B Pt 7 ITEPA 2003 | 1/9/03 | 1/9/03 | N/A |