SVM110110 | Tax Advantaged Share Schemes: 90 day concession

If an unlisted company wants to have a period of time in which it can grant options and so on, the IPD Technical Team accept that a value agreed can be used for up to 90 days and the acceptance letter will say that the agreement is valid for 90 days or less subject to there being no substantial change in the company’s circumstances or market situation during that period.

The concession does not apply to shares traded on AIM, NASDAQ’s third tier or any other similar secondary exchange.

Additional Guidance:SVM150000