RM2 share sad news that the employee ownership champion has died Malcolm Hurlston CBE writes: The untimely death of Nigel Mason will leave a huge gap in the world of employee ownership. He started over 30 years ago with Industrial Common Ownership Finance, the practical subsidiary of ICOM. Ever since, […]
News
Roadchef compensation tax battle goes to mediation
Extracted from newspad September 2021 An independent mediator is to be appointed in an attempt to resolve the impasse between HMRC and the Roadchef EBT trustee over the tax status of the compensation pot, which c. 350+ former Esop employee participants have been trying to get their hands on for seven and […]
Red lights flash for all-employee share schemes
Growing malaise in the all-employee share schemes sector is disguised by SMEs adopting options-based Enterprise Management Incentives (EMI), new HMRC statistics reveal. While the overall number of companies operating tax-advantaged employee share schemes rose by six percent to 15,340 in the tax year ended April 2020, a record 13,970 of […]
Centre responds to EMI: Call for Evidence
The Esop Centre responded to the Treasury’s Call for Evidence, on whether and how more UK companies should be able to access share options based Enterprise Management Incentive to help them recruit and retain the talent they need to scale up, urging chancellor Rishi Sunak to reboot EMI by tearing […]
Esop Centre Share Plans Symposium, 23-25 March 2021
More than 70 people, including a large number of share plan sponsor companies, registered for the Centre’s twice pandemic postponed Fourth British Isles Share Plans Symposium, which was held online over three days in late March. Each day’s webclave featured a specific theme, successively: All–employee share plans & regulation; Executive […]
Newspad All-Employee Share Plan Awards 2020 – WINNERS
Esop Centre judges praised an impressive widespread group of winners, both old and new, in the 2020 edition of the Newspad Awards for the best employee share schemes of the year. A stand-out winner in this edition was the Daily Mail and General Trustfor its Share Purchase+ and Salary Substitution […]
Chancellor Urged Not To Punish Employee Shareholders
The Esop Centre urged Chancellor Rishi Sunak not to punish employee shareholders in his March Budget by slashing the Capital Gains Tax (CGT) exemption allowance and raising charge bands towards Income Tax levels. A letter, supported by many Centre practitioners (plan advisers), is now on the Chancellor’s desk, setting out […]
Louise Drake
Louise Drake is the national sales manager at YBS Share Plans. In what ways does employee share ownership serve a useful purpose? The great thing about employee share ownership is that it can be designed for so many different uses, every company is different and so is each employee. The […]