HMRC review taxation of employment-related securities options
In its September 2015 Employment Related Securities Bulletin , HMRC announced that it would hold a meeting to discuss the continuing uncertainty over the tax treatment of employment-related securities options, including many examples of Restricted Stock Units, that do not have ‘money’s worth’ at the time of award.
The meeting was held with interested stakeholders on 9 October 2015. Those present discussed the uncertainties to establish the best way forward.
If Ministers decide to propose changes through the Finance Bill 2016, the relevant clauses will be published in draft on 9 December 2015, together with explanatory notes, tax information and impact notes.