Employment Rights Act 1996: Primary UK legislation governing employment rights, including terms of employment, unfair dismissal, and redundancy rights
Income Tax (Earnings and Pensions) Act 2003: Legislation governing the taxation of employment income, including phantom units and other forms of remuneration
Income Tax Act 2007: Key legislation for income tax treatment of phantom units and their payment
Corporation Tax Act 2009: Legislation affecting corporate tax treatment of phantom unit schemes
Financial Services and Markets Act 2000: Primary legislation for financial services regulation, relevant if phantom units are considered financial instruments
Companies Act 2006: Core company law legislation affecting corporate governance, share capital, and directors' duties
Unfair Contract Terms Act 1977: Legislation controlling the use of unfair terms in contracts, relevant for phantom unit agreement terms
UK GDPR: Data protection regulation governing the processing of personal data in phantom unit schemes
Data Protection Act 2018: UK's implementation of data protection requirements, supplementing UK GDPR
Equality Act 2010: Anti-discrimination legislation ensuring fair treatment in employment and benefit schemes
UK Corporate Governance Code: Best practice guidelines for corporate governance, including remuneration and incentive schemes
HMRC Guidelines: Tax authority guidance on the treatment of phantom shares/units and similar arrangements
