Note of meeting between HMRC and the Tax Committee of SPL on 28 April 2011

Note of meeting between HMRC and the Tax Committee of SPL to discuss proposed changes to legislation, albeit subject to ministerial and parliamentary approval including discussion of:

  • 10 year awards
  • securities awards
  • Section 554K
  • Leaver provisions
  • Approved schemes
  • Market value option
  • Cash awards
  • FAQ 24 re standard quoted company hedging of share plan awards

Other points re timetable, reporting requirements and processes etc.

 

NB NOTE SUBMITTED BUT NOT AGREED WITH HMRC

?attachment_id=815 download View | Download
Keywords: Cash award, Change of Control, Demerger, Good Leaver, HMRC compliant plans, Leavers, Takeover
Categories: Document archive, HMRC meetings