Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Previews definition

What does Previews mean? In legal practice, previews are advance screenings of a film before the official release date, including press, trade, test or limited paid performances. The term is descriptive rather than defined in legislation or case law, and is typically defined by contract in distribution, exhibition, marketing and financing agreements. Key issues are whether a preview amounts to a public exhibition (triggering classification and licensing considerations), how box office is reported, and what publicity is permitted. Across England & Wales, Scotland and Northern Ireland, public screenings are generally subject to local authority film classification policies (commonly adopting BBFC ratings) and venue licensing requirements....

UK Share Incentives and Employment Tax: 2017 Review and 2018 Outlook—ESS repeal, optional remuneration reforms, disguised remuneration/EBTs, GDPR implications and corporate governance updates

Published by a LexisNexis Share Incentives expert

Practice notes

ARCHIVED: This Practice Note is archived and not maintained.

This year’s round-up surveys several headline developments from 2017 and looks ahead to what 2018 may bring. It covers changes to employee shareholder shares, salary sacrifice structures and disguised remuneration using employee benefit trusts (EBTs) arising from the Rangers case. It also highlights updates to Lexis+® UK’s content, sharing news of notable advances over the last year and what is scheduled in the coming 12 months.

Reviewing 2017

Employee shareholder shares

What happened?

After the government set a £100,000 cap for Capital Gains Tax (CGT) relief in March 2016—considerably diminishing the appeal of employee shareholder shares (ESS) for both employers and employees—the Finance Act 2017 abolished the CGT exemption and the income tax and National Insurance contribution (NIC) reliefs for shares granted as consideration under ESS agreements entered into on or after 1 December 2016.

What are the key implications?

The option to issue tax-advantaged employee shareholder shares or ESS—often found in private equity company arrangements—has now been withdrawn. The government...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Web page updated on 22/05/2026

Popular documents

Using the Judicial College Guidelines to assess general damages in personal injury claims

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Tomlin orders in England and Wales: CPR guidance on drafting, confidentiality, approval, variation, enforcement, limitation, CCA issues, court-specific requirements, sample wording and precedents

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Precedent: Deed of Surrender of Lease with Optional Premium, Settlement and Release, Landlord, Mortgagee and Guarantor Consents, Reimbursement and HM Land Registry Provisions (England and Wales)

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Precedent Statutory Declaration: Standard Wording under the Statutory Declarations Act 1835

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...