FTTTx INCOME TAX – SAYE share option scheme – paragraph 37(a) Schedule 3 Income Tax (Earnings and Pensions) Act 2003 – whether PAYE should have been deducted- Appellant allowed self-assessment credit for PAYE that should have been deducted – management buy-out – special terms for management shareholders – Appellant accepting takeover offer made to non-management shareholders – whether options exercised pursuant to a ‘general offer’ for all share capital with result that PAYE should not have been deducted – no – appeal allowed
Citations:
[2013] UKFTT 199 (TC)
Links:
Income Tax
Updated: 14 November 2022; Ref: scu.472427