2013 No. 1755 (C. 71)
Capital Gains Tax
Corporation Tax
Income Tax

The Finance Act 2013, Schedule 23 (Employee Shareholder Shares) (Appointed Day) Order 2013

Made
The Treasury make the following Order in exercise of the power conferred by paragraph 38 of Schedule 23 to the Finance Act 20131.

Citation1.

This Order may be cited as the Finance Act 2013, Schedule 23 (Employee Shareholder Shares) (Appointed Day) Order 2013.

Appointed day2.

The day on which the amendments made by Schedule 23 to the Finance Act 2013 come into force is 1st September 2013.

Mark Lancaster
Anne Milton
Two of the Lords Commissioners of Her Majesty’s Treasury
EXPLANATORY NOTE
(This note is not part of the Order)

This Order appoints 1st September 2013 as the day on which the amendments made by Schedule 23 to the Finance Act 2013 come into force. These amendments insert provisions into the relevant income tax, capital gains tax and corporation tax legislation to govern the taxation of employee shareholder shares received and sold by employees and the associated corporation tax consequences.

A Tax Information and Impact Note has not been prepared for this instrument as it gives effect to previously announced policy and is an appointed day order. A TIIN covering Schedule 23 was published along side the budget on 20th March 2013. This was updated on 4th June 2013 following amendments to Schedule 23 and is available on the HMRC website at http://www.hmrc.gov.uk/thelibrary/tiins.htm. It remains an accurate summary of the impacts that apply to those paragraphs.