Employee Incentivisation Schemes can be a tax effective way of attracting, retaining, and incentivising key staff members. There are several ways to do this, including:
- Share option schemes, e.g. EMI, CSOP, and SIPs, are tax- approved schemes that offer significant advantages to employees and employers. Careful planning is necessary to ensure schemes are properly designed, implemented, and maintained.
- Growth shares are particularly flexible where tax-advantaged share options are unsuitable, or the conditions cannot be met. They allow the employee to participate in the growth in value from the date they are issued. This
means the existing shareholders can lock in their value, and the employee is incentivised to help grow the business.
Jerroms Miller can assist through the entire process, from designing the share incentives and valuing the shares to
implementation. We take care of all the legal paperwork and compliance requirements, so you can focus on growing your business.