RE: Issue of Equity RNS15 Apr 2022 15:56
To the best of my knowledge, the tax on options is dependent on whether the option is from an HMRC approved scheme (there are several approved scheme) , in which case there is no tax on take up, nor on the gift of the option. However many people do not have cash lying around to purchase the option, so many have to sell enough shares to be able to buy the option, CGT is then due on that sale at market price less option price. Further CGT will be due whenever shares are sold, the same for you or me.
If the scheme is not HMRC approved or the recipient already has more than £30K gifted in options, then CGT is payable at each tax poin5t. Income tax may also be due on the gift of the option, not so sure about that bit.