Employee Share Schemes
If you operate or are looking to operate employment related security or shares schemes in the UK, we can provide expert legal assistance. At Goodwille we have over 20 years of experience helping clients registering schemes, preparing and filing the relevant documentation as and when required, and submitting the Return annually. Thus, avoiding income tax bills and loss of reliefs. Get in touch to discuss your individual requirements.
Employee Share Schemes UK
Employee share schemes are a powerful way of encouraging your employees to think like owners, helping to make your business more productive, profitable and resilient. A number of employee share schemes bring statutory tax relief, making them a highly cost-effective way of providing medium / long term rewards. However, if you are a UK employer there are numerous legal obligations that you need to fulfill in order to successfully operate a share scheme.
The four tax-advantaged share schemes approved by HMRC are:
- Share Incentive Plans
- Save As You Earn (SAYE)
- Company Share Option Plans
- Enterprise Management Incentives (EMIs)
Whether or not shares are to be acquired from a foreign parent company, our expert Governance Team can help. We will explain how such schemes work and help you with all aspects of it.
If you already operate an employment related securities scheme in your home country and want to migrate it with the expansion of your business to the UK, we can assist you.
In the event that your company does not qualify for tax-advantaged share plans we can also help you include non-tax advantaged share options as an element of your employee’s remuneration package. Get in touch to find out more about your options or check out our HMRC registration services for further information.
Meet our Head of Corporate Governance
Philip McCarron
Philip is responsible for oversight and management of our Governance teams in London and Warwick and ensuring that our clients Governance and Company Secretarial requirements are met. Philip also delivers technical governance advice to clients to ensure that thy are meeting and exceeding regulatory and best practice requirements to enter, grow and scale in the UK.
Philip has strong communication skills and is excellent at building relationships at all levels. He is able to manage changing and conflicting priorities on a daily basis whilst ensuring attention to quality and detail.
