Part 13 U.K.Relief for share incentive plans
Deduction for contribution to plan trustU.K.
105U.K.Section 989(1)(a) does not apply in relation to a payment made before 6 April 2003.
Award of shares to excluded employeeU.K.
106(1)This paragraph applies if an amount is received by a company under section 992 as a result of shares having been awarded to an excluded employee in an accounting period that ends before 1 April 2009.U.K.
(2)Section 986 does not apply in relation to the amount.
(3)The amount is treated as a trading receipt of the company for the period of account in which the shares were awarded to the excluded employee.