Policy paper

Changes to the Company Share Option Plan rules

This tax information and impact note is about changes to the Company Share Option Plan rules

From:
HM Revenue & Customs
Published
15 March 2023

Documents

Reform of Company Share Option Plan

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Details

This measure makes changes to the Company Share Option Plan (CSOP), a tax-advantaged employee share scheme available to all UK companies and their employees.

The employee share options limit will be doubled from £30,000 to £60,000.

The ‘worth having’ condition, which limits which types of shares are eligible for inclusion within a CSOP scheme, will be removed.

Changes to the share options limit will now be achievable through secondary rather than primary legislation.
These changes will come into effect from 6 April 2023.

Published 15 March 2023

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