London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Swapping ‘Shares for employment rights’ scheme

Further to our recent blog it appears that the plans for a new capital gains tax exemption for ‘owner-employees’ who forgo some of their employment rights could meet opposition from the EC.  Furthermore, the Treasury has confirmed that the initial transfer of shares to an employee will be chargeable to income tax and potentially national insurance contributions in the usual way.

I think it is fair to say the proposal has met with a mixed response and I await the final consultancies with interest.



Date: 2nd November, 2012
Author: Cathy Corns


Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.


Football #finance short-term cost control, profitability and sustainability @mercerhole Andy Turner sheds light on……

Lisa Spearman, Private Client Partner updates on 'Changes to Main Residence Relief from Capital Gains Tax'……



For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn