Draft Finance Bill 2013: Employee shareholder CGT exemption | Practical Law

Draft Finance Bill 2013: Employee shareholder CGT exemption | Practical Law

The government has published draft legislation for an exemption from capital gains tax (CGT) for shares issued to an individual in return for agreeing to take up the proposed new employment status of "employee shareholder" (previously named "employee owner").

Draft Finance Bill 2013: Employee shareholder CGT exemption

Practical Law UK Legal Update 3-523-0810 (Approx. 7 pages)

Draft Finance Bill 2013: Employee shareholder CGT exemption

by PLC Share Schemes & Incentives
Published on 11 Dec 2012United Kingdom
The government has published draft legislation for an exemption from capital gains tax (CGT) for shares issued to an individual in return for agreeing to take up the proposed new employment status of "employee shareholder" (previously named "employee owner").