Relevant Tax on Share Options – Current year changes from 1 January 2024
RTSO stands for “Relevant Tax on Share Options.” It is a tax that must be paid on any income tax due on gains realized from the exercise of share options. Significant changes to the Relevant Tax on Share Options (RTSO) were introduced in Finance Act 2023, effective from 1 January 2024. For year 2023, Taxpayers…