Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Inheritance Tax Manual

HM Revenue & Customs
, see all updates

Share options: pure share option schemes

The employee is granted an option to buy a specified number of shares at a fixed price when the option is granted. The employee pays nothing until the rights are exercised within the option period, usually 3-7 years after the option is granted.

You should refer any case involving one of these schemes to Technical.