ERSM110000 - Securities options: contents

Introduction

1. ERSM110010

   What are securities options?
2. ERSM110015

   Securities options and "legal options"
3. ERSM110020

   What are securities options - phantom scheme variants
4. ERSM110025

   What are securities options - cash alternatives
5. ERSM110050

   Legislation: overview of liability
6. ERSM110060

   Application of Chapter 5 (amended by Schedule 22) to options

Option grant

1. ERSM110100

   Abbott v Philbin
2. ERSM110110

   Grant of option
3. ERSM110200

   Change on grant of long options - old rules

The charge

1. ERSM110210

   Post-acquisition charges on options – old rules
2. ERSM110500

   Post-acquisition charges on options – post-Schedule 22 FA 2003
3. ERSM110510

   Computation of option gain
4. ERSM110520

   Deductible amounts: employer’s NIC met by employee
5. ERSM110540

   Non-deductible amounts
6. ERSM110550

   Employee deprived of securities by operation of law
7. ERSM110560

   Exercise of EMI options
8. ERSM110600

   Non-residents: exercise after leaving UK
9. ERSM110800

   Exchange of one option for another

Capital Gains Tax

1. ERSM110850

   Capital Gains Tax on sale of securities acquired

Earn-outs

1. ERSM110900

   Earn-outs: what are they?
2. ERSM110910

   Earn-outs: overview of liability
3. ERSM110920

   Earn-outs: potential liability under Chapter 5
4. ERSM110930

   Earn-outs: restricted securities
5. ERSM110940

   Earn-outs: key indicators of earn-out being sale consideration

Rights issues and bonus shares

1. ERSM111000

   Rights issues
2. ERSM111100

   Bonus shares