Share Plan Facts

The Chancellor's proposal to abolish taper relief for capital gains tax, substituting a flat rate of 18% (or 10% in limited circumstances), will have an impact on a number of commonly-used UK employee shares schemes, including EMI, CSOP and SAYE.

Please view the attached note for a summary of those changes and please note that all other material on this website is subject to this note.

A short guide to UK share plans is available here. It's a three minute read, and you can print it off if you need a ready reference guide to key Share Plan Facts.

• Short Guide to Share Plans

Approved/Tax-Advantaged Share Plans

• EMI (Enterprise Management Incentives)
• CSOP (Company Share Option Plan)
• SIP (Share Incentive Plan)
• SAYE (Sharesave)

AIM companies

If you are an AIM company or contemplating an AIM listing, please download our 2006 Survey on Share Plans in AIM companies Rewarding Growth in Shares (pdf file).

Restricted Shares

This guide gives an overview of the income tax effects of awarding shares to employees where the shares are subject to restrictions, for example an obligation to sell for less than market value.

US companies

If you are a US company or advise US companies and would like to know more about share plans for UK employees, please download our guide to UK share plans for US companies

You can download Adobe Acrobat reader to view pdf files free of charge from Adobe.