16 CSOP schemes: share value limit and share class
Finance (No 2) Act 2023 (2023 c 30) | Legislation

Reliefs for employees

16  CSOP schemes: share value limit and share class

(1)     Schedule 4 to ITEPA 2003 (CSOP schemes) is amended as follows.

(2)     In paragraph 6 (limit on value of shares subject to options)—

(a)     in sub-paragraph (1), in the words after paragraph (b), for “£30,000” substitute “£60,000”;

(b)     after sub-paragraph (4) insert—

“(5)     The Treasury may by regulations amend sub-paragraph (1) by substituting a different sum of money for the sum for the time being specified there.”

(3)     In paragraph 15 (requirements relating

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