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Tax implications for companies and employees in relation to employees trading their shares on PISCES

This technical note provides details of the tax implications in relation to employees trading their shares on PISCES, a new type of stock market.

Last fetched 04 May 2026 · gov.uk

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Technical note: Tax implications for companies and employees in relation to employees trading their shares on PISCES

At a glance

TypePolicy paper

First published26 Mar 2025

Last updated26 Nov 2025

Organisations

HM Revenue & Customs

Topics

Dealing with HMRCPersonal tax

Source

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