SCHEDULES

SCHEDULE 8Employee share schemes

PART 2SAYE option schemes

Commencement and transitional provision

156

If the scheme was an approved SAYE option scheme before 6 April 2014, the amendments made by this Part do not affect the deductions which may be made in relation to the scheme under section 94A of ITTOIA 2005 or section 999 of CTA 2009 (deduction for costs of setting up scheme) if they would otherwise do so.