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Less to report

22 November 2007
Categories: News , Companies
The amount of information that companies have to provide on their share scheme returns for 2007-08 and later years has been reduced

The amount of information that companies have to provide on their share scheme returns for 2007-08 and later years has been reduced by:

  • removing certain sections of forms 34 and 35 relating to exchange of options, variations of share capital, amendments to scheme rules and changes in participating companies in approved schemes;
  • reducing the number of entries to be made on form 35 to report option exercises. In future, companies will not be required to report exercises between three and ten years from the date of grant, unless there has been a disqualifying or taxable event.

Sections - corporation tax

Categories: News , Companies
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