Exemption for employee shareholder shares - Finance Bill 2013 draft clauses

Published on 8 February 2013

Following on from previous submissions, LITRG highlights again that the proposed separate employee shareholder status introduces unnecessary complexity into the tax system. The proposed capital gains tax exemption will be of little benefit to many employees so will not be worth the trade off of potentially valuable employment rights. If the status is to be introduced, we stress the need for clear guidance for employees and further consideration of an income tax and national insurance exemption.

Follow the link below to read LITRG's response.

PDF icon LITRG response


Contact: Robin Williamson (please use form at http://www.litrg.org.uk/ContactUs)