Schedule 23 | Corporation tax relief for employee share acquisition ^F1

Part 1General provisions

Introduction

(1)Repealed

Requirements for relief

(2)Repealed

Business must be within the charge to corporation tax

(3)Repealed

Kind of shares acquired

(4)Repealed

Part 2Award of shares

Introduction

(5)Repealed

The company whose shares are acquired

(6)Repealed

Income tax position of employee

(7)Repealed

Amount of relief

(8)Repealed

How relief is given

(9)Repealed

Timing of relief

(10)Repealed

Part 3Grant of option

Introduction

(11)Repealed

The company whose shares are acquired

(12)Repealed

Takeover of company whose shares are subject of option

(13)Repealed

Income tax position of the employee

(14)Repealed

Amount of relief

(15)Repealed

How relief is given

(16)Repealed

Timing of relief

(17)Repealed

Part 4Provisions applying in case of restricted shares

(18)Repealed

(19)Repealed

(20)Repealed

(21)Repealed

(22)Repealed

Part 4AProvisions applying in case of convertible shares

(22A)Repealed

(22B)Repealed

(22C)Repealed

(22D)Repealed

Part 5Supplementary provisions

Transfer of business within a group

(23)Repealed

Relationship between relief and other deductions: priority of deductions under SIP code

(24)Repealed

Relationship between relief and other deductions: exclusion of other deductions

(25)Repealed

Meaning of “employment”

(26)Repealed

Acquisition of shares pursuant to option after death of employee or recipient

(27)Repealed

Meaning of “group company” and “parent company”

(28)Repealed

Meaning of “consortium” and “commercial association of companies”

(29)Repealed

Minor definitions

(30)Repealed

Index of defined expressions

(31)Repealed

Part 6Commencement and transitional provisions

Commencement

(32)Repealed

Transitional provisions

(33)Repealed