ERSM40100 | Convertible securities: exemptions

Chapter 3 Part 7 of the Income Tax (Earnings and Pensions) Act 2003 (ITEPA)

The following circumstances can exempt the event from any charge under the convertible securities regime (Chapter 3 Part 7 ITEPA 2003):

• Death (see ERSM20270)

• Cessation of employment (see ERSM20280)

• Control exemption (see ERSM20290)

• Up to 5 April 2015 Residence (see ERSM20300)

• Disability (see ERSM20350)

• Public offers (see ERSM20370)