CSOP - HMRC approved employee share options

The max employee options you can hold in an HMRC 'approved' scheme is

30,000 uk pds.

How do you calculate this if the options are in a different currency and granted at different dates..?

E.g. for sake of argument..

5000 options, option cost 5Euros granted 2001 3000 options, option cost 6Euros granted 2002 7000 options, option cost 10 Euros granted 2003

What happens if the total option value exceeds 30,000 uk pds... does this mean that all the options lose 'approved' status and become subject to income tax..?

Reply to
whitely525
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After the 3 ,5 or 7 year period , once the shares have been issued to you they are no longer in the share scheme.

Reply to
Eric Jones

I think this is something else... for CSOP the scheme rules say they are tax free if exercised between 3 and 10 years after you get them (special rules if you exercise < 3yrs but in many cases the options may not vest for some years after you get them so they could not be exercised in any case).

Reply to
whitely525

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