1019 Calculation of relief if shares are restricted or convertible
Corporation Tax Act 2009 (2009 c 4) | Legislation

1019  Calculation of relief if shares are restricted or convertible

(1)     If the shares acquired are restricted shares or convertible shares (or both), the amount of relief to be given is calculated as follows.

This is subject to section 1020 [. . .].

(2)     If the shares are restricted shares, the amount of relief is equal to—

(a)     the amount that counts as employment income of the employee under section 476 of ITEPA 2003 in relation

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