Statute
Section 540 — Income Tax (Earnings and Pensions) Act 2003: No charge on acquisition of shares as taxable benefit
Text of the provision Official document
No charge on acquisition of shares as taxable benefit 540 1 ... Chapter 3C of this Part (taxable benefits: notional loans in respect of acquisitions of shares) does not apply in relation to the acquisition of shares by the exercise of a qualifying option. 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Official source: legislation.gov.uk
There are no decisions in our collection citing this provision yet. As new judgments are published, they will appear here.
Search case law on this topic
See judgments from UK courts and tribunals with a plain-English summary and legal holding.
Explore case law →