UK Share Plans: EMI options back on
As you may have seen, we are pleased to report that EU state aid approval for EMI options has now been renewed, further to our previous alert about Enterprise Management Incentive (“EMI”) options here. […]
Author: Alasdair Friend
Posts by Alasdair Friend
UK tax authorities crackdown on remuneration tax avoidance
In February 2016, the UK tax authorities (HMRC) announced that they will be cracking down on certain types of remuneration arrangements which seek to convert what would otherwise be taxable employment income into capital gains. […]
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Directors’ remuneration: FRC publishes revisions to UK Corporate Governance Code
The Financial Reporting Council published final revisions to the UK Corporate Governance Code which applies to UK listed companies for accounting periods starting on or after 1 October 2014. […]
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Employee bonuses—Court of Appeal upholds avoidance schemes
Jonathan Fletcher Rogers discusses the extent to which the Ramsey principle can be applied to tax avoidance schemes using employee bonuses, in an article first published in Tax Journal in May 2014. […]
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Employee shareholder status implemented from 1 September 2013
From 1 September 2013, employees will be able to receive shares in their employer tax free in exchange for giving up certain employment rights. […]
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Employee shareholders
The government’s proposals to create a new status of employee shareholder have now passed through Parliament and will come into effect in Autumn 2013. […]
Tax relief is due on claw back of bonus
A taxpayer wins his claim for tax relief in relation to the repayment to his employer of part of his sign-on bonus. […]
HMRC issues guidance on share-based payments made after the cessation of employment
This guidance sets out answers to frequently asked questions concerning the application of the ‘0T’ tax code to share-based payments made following the cessation of employment. […]
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HMRC publishes Employment-Related Shares & Securities Bulletin
HMRC has published their first Employment-related Shares & Securities Bulletin which contains details and updates with regard to employment-related securities and tax-advantaged employee share schemes. […]
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Budget 2012 gives boost to EMI Options
Being able to access the 10% effective rate of tax through Entrepreneurs’ Relief and a raise in limits breathes new life into EMI. […]