Finance Act 2011

25U.K.In section 480(5) (employment-related securities options: deductible amounts)—

(a)omit the “and” after paragraph (b), and

(b)after paragraph (c) insert , and

(d)any amount that has counted as employment income of the employee in respect of the employment under Chapter 2 of Part 7A in relation to the employment-related securities option or to any sum of money or asset held solely for the purposes of the option.