½Û×ÓÊÓÆµ

Home / Simons-Taxes /Personal and employment tax /Part E4 Employment income /Division E4.2 Office or employment /Status of particular occupations based on case law or HMRC practice / E4.232 Status of Stock Exchange personnel
Commentary

E4.232 Status of Stock Exchange personnel

Personal and employment tax

Following Big Bang on 27 October 1986 and the introduction of screen trading, there was a significant reduction in floor trading; this continues in some provincial exchanges, but in London the floor of the Stock Exchange is virtually unused. As a result there are only three categories of taxable individuals involved:

  1. Ìý

    (a)ÌýÌýÌýÌý equity partners in firms, who are taxable under the trading income provisions of ITTOIA

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial

Web page updated on 17 Mar 2025 15:35