ERSM20000 - Employment-related securities and options: contents

1. ERSM20010

   Overview
2. ERSM20020

   Principles
3. ERSM20030

   Employers' Costs
4. ERSM20100

   Scope of Legislation

Definition of employment-related securities

1. ERSM20110

   What are securities
2. ERSM20120

   Shares
3. ERSM20130

   Insurance Contracts
4. ERSM20140

   Loan stock
5. ERSM20150

   Warrants
6. ERSM20160

   Certificates in respect of securities held by others
7. ERSM20170

   Units in a collective investment scheme
8. ERSM20180

   Futures
9. ERSM20185

   Options and futures: options
10. ERSM20190

    Contracts for differences
11. ERSM20191

    Alternative Finance Investment Bond: Islamic Finance bonds or ‘sukuk’
12. ERSM20192

    What are securities: Long Term Incentive Plan (LTIP)
13. ERSM20193

    What are securities: RSUs and dividend equivalents
14. ERSM20194

    What are securities: RSUs and dividend equivalents: examples
15. ERSM20195

    What are securities: Stock Appreciation Rights (SARs)
16. ERSM20196

    What are securities: phantom share plans
17. ERSM20197

    ‘Interest’ in securities – ITEPA03/S420 (8)
18. ERSM20200

    What are not securities
19. ERSM20205

    Options used for avoidance
20. ERSM20210

    By reason of employment
21. ERSM20215

    ‘by reason of employment’ - The deeming provision - HMRC v Vermilion Holdings Ltd
22. ERSM20220

    By reason of employment - exception for family or personal relationships
23. ERSM20230

    Employment-related securities and employment-related securities options

Who is within the charge?

1. ERSM20240

   Who is within the charge
2. ERSM20250

   Associated person and 'the box'

Exclusions from charge

1. ERSM20260

   Exclusions from charge
2. ERSM20270

   Exclusions - death
3. ERSM20280

   Exclusions - 7 year rule
4. ERSM20290

   Exclusions - certain control situations
5. ERSM20300

   Exclusions - residence (up to 5 April 2015)
6. ERSM20310

   Exclusions - split-year treatment (up to 5 April 2015)
7. ERSM20350

   Exclusions - disability
8. ERSM20360

   Exclusions - former and prospective employments
9. ERSM20370

   Exclusions - public offers
10. ERSM20380

    Exclusions - tax-advantaged share schemes

Definitions and miscellaneous

1. ERSM20390

   Negative amounts treated as nil
2. ERSM20400

   Market value
3. ERSM20410

   Market value - cashless exercise
4. ERSM20420

   Time of acquisition
5. ERSM20430

   'Consideration'
6. ERSM20440

   Replacement or additional securities
7. ERSM20450

   Rights issues

Money's worth charge on acquisition

1. ERSM20500

   Money's worth charge
2. ERSM20510

   Weight v Salmon (19TC174)
3. ERSM20520

   Ede v Wilson (26TC381)
4. ERSM20530

   Ways of getting shares
5. ERSM20540

   When shares are acquired for money's worth charge