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 […]
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 […]
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 […]
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 […]
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 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 […]
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).
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.