»Ê¹ÚÌåÓýapp

»Ê¹ÚÌåÓýapp issue of a quoted option to subscribe for shares represents the grant of an option by the company and the provisions of TCGA92/S144 apply. »Ê¹ÚÌåÓýapp grant of the option is treated as the disposal of an asset, the option itself, Section 144(1). »Ê¹ÚÌåÓýapp disposal proceeds are the amount paid by the person to whom the option is issued unless the issue is not a bargain made at arm’s length, TCGA92/S17, see CG14530+. In that case the disposal proceeds will be the market value of the option at the date of issue. This is only likely to be relevant if there is a bonus issue of share warrants, see CG55477.

»Ê¹ÚÌåÓýappre is no charge on the company on the grant of share options under an approved share option scheme, see CG56400+.