Part 11Relief for particular employee share acquisition schemes
Chapter 1Share incentive plans
Introductory
983Overview of Chapter
1
This Chapter is about deductions relating to approved share incentive plans.
2
Section 984 relates to the interpretation of this Chapter.
3
Sections 985 and 986 set out—
a
how effect is given to deductions allowed under this Chapter, and
b
how amounts treated as received under this Chapter are dealt with.
4
Sections 987 and 988 deal with deductions allowed for the costs of setting up plans and their running expenses.
5
Sections 989 to 993 deal with deductions allowed for payments used to acquire shares for plan trusts.
6
Sections 994 to 997 deal with other deductions relating to free shares, matching shares, partnership shares and dividend shares.
7
Section 998 deals with the withdrawal of deductions if approval for a plan is withdrawn.