Income Tax (Earnings and Pensions) Act 2003 Schedule 2 paragraph 10

No preferential treatment for directors and senior employees

Schedule 2 paragraph 10 requires that a Share Incentive Plan must not be designed or operated in a way that channels benefits predominantly towards directors or the most highly paid employees.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.