Employee Share Schemes

Employee Share Schemes is a comprehensive guide to the taxation, legal, and compliance issues of acquiring shares by employees in their employer company, whether public or private. It includes worked examples and precedents to assist with implementing and understanding the operation of each scheme, and has been updated in line with UK legislation following BREXIT, the Company Share Option Plan, EMI legislation, Finance (No 2) Bill 2023, and other institutional investor guidance.

Format: Paperback / softback
Length: 496 pages
Publication date: 22 February 2024
Publisher: Bloomsbury Publishing PLC

Employee Share Schemes is a comprehensive guide that delves into the taxation, legal, and compliance aspects associated with employees acquiring shares in their employer company, whether it is a public or private entity. These schemes continue to be highly favored as a means of rewarding and motivating employees, and the government firmly believes that promoting employee participation will enhance productivity. This belief is reflected in its commitment to public sector "mutualizations" and, in the private sector, through increased participation in employee share plans.

The ninth edition of this practical guide provides a detailed examination of the key issues and techniques involved in establishing and operating share schemes. It includes worked examples to illustrate complex calculations and a valuable series of precedents to assist with implementing and understanding the operation of each scheme. The clear advice provided on the most common share schemes ensures that plan rules are fully compliant with legislation.

In addition to the updates mentioned above, the ninth edition has been revised to reflect the following developments:

Revisions to reflect UK legislation following Brexit, including the Market Abuse Regulation, Prospectus Regulation, and other relevant regulations.

Updates to the Company Share Option Plan to increase participation limits and remove requirements in relation to types of shares that can be used (and update precedent rules).

Finance (No 2) Bill 2023, which includes updates to EMI legislation to remove requirements in relation to summary of restrictions in grant documentation and the need for employee working time declaration.

Finance (No 2) Bill 2023, which includes changes to annual reporting obligations.

New guidance from the Investment Association and other institutional investor guidance in 2023.

HMRC has also updated its guidance to provide further clarity on the implementation of employee share schemes.

Employee Share Schemes is an essential resource for employers, employees, and professionals involved in the field, offering comprehensive guidance on the taxation, legal, and compliance aspects of these schemes. Whether you are a company looking to implement an employee share scheme or an employee seeking to understand the implications of your participation, this guide will provide you with the knowledge and tools you need to succeed.

Weight: 707g
Dimension: 234 x 156 (mm)
ISBN-13: 9781526528544
Edition number: 9 ed