Island trustee delegates will be addressed by David Pett, the first specialist UK Esop barrister at a seminar jointly organised by the Employee Share Ownership (Esop) Centre and STEP Jersey, on the morning of Wednesday May 2. David Pett will add to his wide-ranging presentation an update on the inglorious […]
Press Releases
EMI Tax Benefits Not Guaranteed, Businesses Warned
The Esop Centre warned today that current tax benefits associated with Enterprise Management Incentive (EMI) options are not guaranteed, following the expiration today of EU State Aid approval. EU State Aid approval for the EMI scheme now needs to be renewed but HMRC announced on April 4 there would be […]
Esop Centre Welcomes ResPublica-Prospect Report
ResPublica-Prospect: UK government should promote employee share ownership The Esop Centre, the distinct voice of employee share ownership, today welcomed the joint report published by ResPublica and the Prospect trade union. A New Bargain: People, Productivity and Prosperity recommends that the government considers policies that would help to bring at […]
Surprise fall in employee share schemes
The total number of companies operating tax-advantaged employee share schemes fell between the fiscal years 2013–14 and 2015–16, according to figures released today by HM Revenue & Customs.
Selling a business to its workers now a tax efficient option
Selling a business to its workers has never been easier or more tax efficient, an employee share ownership expert declared today (December 6). Malcolm Hurlston, founder of the Employee Share Ownership (Esop) Centre, believes the Employee Ownership Trust (EOT), created by the Finance Act 2014, for the first time makes […]
Esop index ends quarter on 894 (Jan 2003 = 100)
The Esop index stood at 894 at the end of the first quarter of 2016. Its comparator, the FTSE All-Share, closed at 283 (both indices stood at 100 on January 1 2003).
Employee share scheme companies outperform market for fourth year running
Figures released today reveal that UK companies operating employee share schemes significantly outperformed the market as a whole during 2015, making it the fourth consecutive year that the Esop index beat the FTSE All-Share.
Esop index “resilient” in tough third quarter
The tough third quarter for the stock market in 2015 took its toll on shares qualifying for the Esop Index (the FTSE-calculated Employee Ownership Index) which was down by 4.6 percent over the three months from July to September.