Due to lack of resources, HMRC will no longer be agreeing (post transaction) shares value for non-tax advantaged share incentive arrangements (e.g. growth shares)

They are reviewing whether to continue agreeing (pre-transaction) share valuations for tax-advantaged arrangements (e.g EMI).

The withdrawal of this service is likely to have a significant impact on companies operating non-tax advantaged employee share incentive arrangements (such as growth shares) as the ability to seek informal HMRC approval of the share valuation gave companies and participants comfort regarding their taxation. If you are in the process of implementing such arrangements, it would be best to send valuations to HMRC as soon as possible.

For full details, please click here to read more

Please note this information is provided by way of example and may not be complete and is certainly not intended to constitute legal advice. You should take bespoke advice for your circumstances.

Get In Touch Today!

Get In Touch Today!

Please complete this form to make an enquiry and we will get back to you as soon as we can.

Remember you can still call us on 0333 323 5292 or email us at law@luptonfawcett.law

  • This field is for validation purposes and should be left unchanged.