ERSM110000 - Securities options: contents

Introduction

  1. ERSM110010
    What are securities options?
  2. ERSM110015
    Securities options and "legal options"
  3. ERSM110020
    What are securities options - phantom scheme variants
  4. ERSM110025
    What are securities options - cash alternatives
  5. ERSM110050
    Legislation: overview of liability
  6. ERSM110060
    Application of Chapter 5 (amended by Schedule 22) to options

Option grant

  1. ERSM110100
    Abbott v Philbin
  2. ERSM110110
    Grant of option
  3. ERSM110200
    Change on grant of long options - old rules

The charge

  1. ERSM110210
    Post-acquisition charges on options – old rules
  2. ERSM110500
    Post-acquisition charges on options – post-Schedule 22 FA 2003
  3. ERSM110510
    Computation of option gain
  4. ERSM110520
    Deductible amounts: employer’s NIC met by employee
  5. ERSM110540
    Non-deductible amounts
  6. ERSM110550
    Employee deprived of securities by operation of law
  7. ERSM110560
    Exercise of EMI options
  8. ERSM110600
    Non-residents: exercise after leaving UK
  9. ERSM110800
    Exchange of one option for another

Capital Gains Tax

  1. ERSM110850
    Capital Gains Tax on sale of securities acquired

Earn-outs

  1. ERSM110900
    Earn-outs: what are they?
  2. ERSM110910
    Earn-outs: overview of liability
  3. ERSM110920
    Earn-outs: potential liability under Chapter 5
  4. ERSM110930
    Earn-outs: restricted securities
  5. ERSM110940
    Earn-outs: key indicators of earn-out being sale consideration

Rights issues and bonus shares

  1. ERSM111000
    Rights issues
  2. ERSM111100
    Bonus shares