Receipt of shares was not emolument from employment (FTT) | Practical Law

Receipt of shares was not emolument from employment (FTT) | Practical Law

The First-tier Tribunal decided in Rogers v Revenue & Customs [2011] UKFTT 167 (TC) that a transfer of shares to an employee was not an emolument of the employment because the employment was not the main cause of the transfer. 

Receipt of shares was not emolument from employment (FTT)

Practical Law UK Legal Update Case Report 2-505-6712 (Approx. 3 pages)

Receipt of shares was not emolument from employment (FTT)

by PLC Share Schemes & Incentives
Published on 12 Apr 2011 • England, Wales
The First-tier Tribunal decided in Rogers v Revenue & Customs [2011] UKFTT 167 (TC) that a transfer of shares to an employee was not an emolument of the employment because the employment was not the main cause of the transfer.