Agenda for meeting of the Share Plan Lawyers’ Tax Committee with HMRC on 27 March 2007

Agenda for meeting of the Share Plan Lawyers’ Tax Committee with HMRC on 27 March 2007 to discuss the following:

  • impact of age discrimination legislation;
  • whether a new right is created where adverse changes to are made to CSOP options with approval of optionholders;
  • market value options outside the scope of Chapter 5 of Part 7 ITEPA 2003;
  • REITs and SIPs;
  • various other points arising from responses from HMRC to questions raised at the December 2006 technical meeting;
  • impact of the Companies Act 2006 and changes to company law;
  • market value and SIPs;
  • tax relief for setting up employee share arrangements;
  • nil-paid shares and section 419 ICTA 1988; and
  • the procedure for COP 10 applications.

Three attachments to the agenda which are separate documents on the site are as follows:

  1. Age discrimination – letter dated 23 January 2007 from Kevin Meehan at HMRC regarding Approved Employee Share Schemes: Age Discrimination;
  2. Paper on changes to company law; and
  3. Paper regarding schemes of arrangement.
?attachment_id=795 download View | Download
Keywords: Age discrimination, CSOP, Discretion, EMI, Forfeiture, Income tax, Inheritance tax, International, NICs, Retirement, Scheme of arrangement, Securities laws (international), Shareholder approval, SIP
Categories: Document archive, HMRC meetings