PART 1Income tax, corporation tax and capital gains tax
CHAPTER 4Other provisions
Employee share schemes
49Share incentive plans: increases in maximum annual awards etc
(1)
Schedule 2 to ITEPA 2003 (share incentive plans) is amended as follows.
(2)
In paragraph 35(1) (free shares: maximum annual award) for “£3,000” substitute “
£3,600
”
.
(3)
In paragraph 46(1) (partnership shares: maximum amount of deductions from employee's salary) for “£1,500” substitute “
£1,800
”
.
(4)
The amendments made by this section are treated as having come into force on 6 April 2014.