SCHEDULES

SCHEDULE 7Transitionals and savings

Part 7Employment income: F4income related to securities

Annotations:
Amendments (Textual)
F4

Words in Sch. 7 Pt. 7 heading substituted (10.7.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(4)

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1

This paragraph relates to the operation of section 478 (amount of charges) in relation to a F2securities option F3acquired before 6th April 2003.

2

For the purposes of section 478(1), any amount charged to tax under Schedule E in respect of the F1acquisition of the F2securities option is a deductible amount.