Statute
Section 475 — Finance Act 2003: No charge in respect of acquisition of option
Text of the provision Official document
No charge in respect of acquisition of option 475 1 No liability to income tax arises in respect of the acquisition of an employment-related securities option.
2 Subsection (1) is subject to section 526 (approved CSOP schemes: charge where share option granted at a discount).
Official source: legislation.gov.uk
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