On 3 December 2014, the Chancellor, George Osborne, delivered his Autumn Statement. This legal update summarises the key share schemes and incentives announcements. (Free access.)
On 3 December 2014, the Chancellor delivered his Autumn Statement. There were very few announcements directly relevant to share schemes. The key points are:
The government will not proceed with the introduction of the concept of "marketable securities" to the employment-related securities legislation. HMRC issued a consultation on the proposal, originally recommended by the Office of Tax Simplification, in July (see Legal update, HMRC publishes consultation on marketable securities).