Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/20044
Appears in Collections:Accounting and Finance Journal Articles
Title: The background to the introduction of income tax on employee share options
Authors: Stopforth, David
Contact Email: d.p.stopforth@stir.ac.uk
Keywords: Development
developments
EXERCISE
INCOME
insight
Legislation
loss
policies
Policy
PROFIT
PROVISION
relationship
UK
VIEW
views
WHO
Issue Date: 2009
Publisher: Sweet and Maxwell
Citation: Stopforth D (2009) The background to the introduction of income tax on employee share options, British Tax Review, 2009 (1), pp. 117-128.
Abstract: Using Treasury and Inland Revenue files from the National Archives, this article traces the developments leading to the introduction of the first set of UK provisions specifically designed to charge profits from the exercise of employee share options as income. It examines how the Revenue discovered a potential problem in their interpretation of existing general legislation and their reaction to the loss of a test case in the House of Lords. It gives an insight into how policy in the area was formulated and into the relationship between the Revenue and Treasury Ministers who, even though knowledgeable on the subject, found themselves persuaded to act almost completely in accordance with the Revenue's views.
Type: Journal Article
URI: http://hdl.handle.net/1893/20044
Rights: Publisher policy allows this work to be made available in this repository. Published in 2009 B.T.R. No.1, © Thomson Reuters (Professional) UK Limited and contributors, available via: www.westlaw.com
Affiliation: Accounting and Finance

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