SCHEDULES
SCHEDULE 6Minor amendments to Schedule E charge
1Share options
In section 135 of the Taxes Act 1988 (gains by directors and employees from share options), for subsection (5)(a) substitute—
a
the amount so charged shall be deducted from any amount which is chargeable under subsection (1) above by reference to the gain realised by the exercise, assignment or release of that right; and