Autumn Statement 2015: The Finance Bill 2016 will introduce measures to simplify the tax rules for employee share schemes.
These technical changes will streamline and simplify aspects of the tax rules for tax-advantaged and non-tax-advantaged employee share schemes. The move is aimed at providing more consistency, including putting beyond doubt the tax treatment for internationally mobile employees of certain employment-related securities (ERS) and ERS options.
Any charge to tax will arise under the rules that deal with ERS options, rather than earnings.
