HMRC has published updates to the ESSUM including some useful clarifications on SAYE (“Save As You Earn”) and CSOP (Company Share Option Plan) options […]
Category: Share/Stock Plans
Compensation & Benefits: EMI options
Form EMI1 must be submitted to SCEC within 92 days of an EMI option grant. Delays caused by using the wrong address could result in the option failing to qualify as an EMI option. […]
Effective date of termination of employment – impact on incentive plans
The Supreme Court confirm the timing of the effective date of termination (“EDT”) of employment on summary dismissal – a key date for vesting of rights under incentive plans. […]
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CRD 3 and restrictions on remuneration in the financial services sector
An amended version of CRD (the “Capital Requirements Directive”) 3 was published on 30 September 2010 by the Council of Europe. […]
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Amended Prospectus Directive finalised – extended exemption for employee shares schemes
The proposed early enactment into UK law of 2 of the recent amendments to the Prospectus Directive and the expansion of the share schemes exemption to include all EU companies. […]
UK Enterprise Management Incentives (“EMI”) schemes and foreign companies
The highly tax efficient share scheme for smaller companies is to be made available to foreign companies. […]
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Breaking news – New CEBS guidelines published on 10 December
Further to our article – CRD 3 and restrictions on remuneration in the financial services sector, the Committee of European Banking Supervisors (“CEBS”) has published new guidelines on the Capital Requirements Directive (“CRD 3”). […]
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Looming deadline for filing annual return forms for approved and unapproved share schemes
Looming deadline for filing annual return forms for approved and unapproved share schemes
The annual return forms must be filed by the relevant deadline or a penalty may be imposed by HMRC. […]