Employers can design their own employee share schemes, but most use of favourable tax treatment available through the four HM Revenue & Customs-approved schemes: sharesave (SAYE), share incentive plan (Sip), company share option plan (Csop) and enterprise management incentive (EMI). Executive share option plans (including long term incentives – Ltips) are used for very senior employees.
EXCLUSIVE: Now 100% owned by staff.
Employees will receive 2,500 shares in the firm.
Schemes risk losing tax advantages.
To recognise rise in share price.
After buying shares from its four founders.
From 6 April, taxation on share option gains will change.