Taxation of share options internationally mobile employees


Taxation employees options share internationally of mobile


Under current UK legislation, there is significant complexity in determining the UK income tax and NIC treatment of share based incentives for internationally mobile employees (IMEs). There can be different analyses depending on, for example, the type of award granted and whether the employee is inbound to or outbound from the UK. The income tax analysis will also in many cases be kf to the NIC analysis.Following the report of the Office of Tax Simplification (OTS) on the taxation of unapproved share plans, moile draft legislation (published in December 2013 following the Autumn Statement) includes clauses to simplify the UK taxation of share awards.

The Taxation Of Share Options: Internationally Mobile EmployeesShort guidance from Ukincorp Ltd: Share options. Share incentives available to internationally mobile employees can take various forms. This article is about share and stock options. Employees can be granted options to acquire shares in their employing company or a company in the same group.

HMRC also published a consultation to change the NIC treatment. Draft legislation has been published and is intended to also take effect from April 2015. These rules apply to all chargeable events occurring after April 2015, irrespective of the date of grant. We are currently reviewing this practice note in the light of this development.




Taxation employees options share internationally of mobile

Taxation of share options internationally mobile employees

Taxation employees options share internationally of mobile



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