Share Option Schemes

Rewarding employees is a key element to business decisions as stability in the workforce can be a determining factor in the success of a company.  Offering staff members shares to give them some ownership of the company can be an attractive way of incentivising them. 

When staff acquire shares there may however be some nasty Tax and National Insurance consequences which can tarnish the incentive element.  Share schemes can alleviate these consequences and can be an attractive way to incentivise staff without necessarily reducing your control of the business

Our tax team can advise on the most tax efficient way to set up a share scheme to reward employees whilst also considering further practical business matters which may be impacted by the scheme.  We can deal with the HMRC requirements for clearances and administration and can put you in touch with legal experts to prepare the documentation for the scheme.