Part 11 U.K. Relief for particular employee share acquisition schemes

Chapter 1 U.K. Share incentive plans

Deductions relating to provision of certain types of shares U.K.

997 No deduction for expenses in providing dividend shares U.K.

(1) No deduction is allowed to a company for expenses in providing shares that are acquired on behalf of employees under an approved share incentive plan as dividend shares.

(2) This is subject to section 988.