SCHEDULES

SCHEDULE 8Employee share schemes

PART 5Other employee share schemes

Commencement and transitional provision

232

This Part is treated as having come into force on 6 April 2014.

233

The amendments made by paragraphs 227 and 231 above have no effect in relation to reportable events occurring before 6 April 2014.

234

(1)

Section 421JA of ITEPA 2003 (as inserted by paragraph 228 above) has effect so as to require returns for the tax year 2014-15 and subsequent tax years.

(2)

That section has effect in relation to persons whose reportable event periods begin before 6 April 2014 (as well as those whose reportable event periods begin on or after that date).