Tax Advantaged Share Schemes SAYE

The Save As You Earn (or ‘Sharesave’) plan is an ‘all employee’ tax-advantaged option plan. Participation in a SAYE plan must be offered to all eligible employees (the conditions for eligibility are set out in the relevant legislation). SAYE plans involve employees saving regularly towards the cost of exercising their option, over a three- or five-year period. SAYE plans tend to be operated by larger listed companies with a large number of employees.

Tax Advantaged Share Schemes SAYE

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