Income Tax (Earnings and Pensions) Act 2003

Share options

This section has no associated Explanatory Notes

64(1)This paragraph relates to the operation of section 478 (amount of charges) in relation to a share option obtained before 6th April 2003.

(2)For the purposes of section 478(1), any amount charged to tax under Schedule E in respect of the receipt of the share option is a deductible amount.