W D Rothenberg

One of the main advantages of options under the enterprise management incentive scheme is that taper relief starts running from the date the option is granted, not the date the option is exercised. It has often been the practice with, for example, shares acquired under an executive share option scheme (what the Revenue now calls a CSOP) to transfer shares to a spouse to use capital gains tax exemptions efficiently. Does this work with shares acquired under an enterprise management scheme option?

One of the main advantages of options under the enterprise management incentive scheme is that taper relief starts running from the date the option is granted, not the date the option is exercised. It has often been the practice with, for example, shares acquired under an executive share option scheme (what the Revenue now calls a CSOP) to transfer shares to a spouse to use capital gains tax exemptions efficiently. Does this work with shares acquired under an enterprise management scheme option?