June Davenport of Solium, head of EMEA trust and nominee services In what ways does employee share ownership serve a useful purpose? Attracting and retaining key staff Allowing employees to share in the success of the company Helping align employees with corporate goals and culture How can we widen and deepen the adoption […]
News
Worked Example Agreed With HMRC
An important phase in collaboration between HMRC and the employee share scheme sector was marked today (July 9) with the publication of the first jointly agreed worked example on the website of the Esop Centre. The Centre hosts WEG – the Employee Shares Worked Examples Group – whose members include […]
David Pett
David Pett of Temple Tax Chambers, barrister In what ways does employee share ownership serve a useful purpose? Structured appropriately, it fulfills the widely-accepted principle that “for so long as an individual invests his or her time and labour, he or she should benefit from the growth in capital value to which they […]
Charlotte Fleck
Charlotte Fleck of Pett Franklin, solicitor In what ways does employee share ownership serve a useful purpose? Stories about rising inequality and the UK’s poor productivity growth seem to be all too common in the news. Employee ownership is only part of the solution – but it’s an important one! Employees […]
First Esop Barrister to Address Trustees
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 […]
Mike Pewton
Mike Pewton , executive director of Solium Global Compliance In what ways does employee share ownership serve a useful purpose? The main aim of employee share ownership at an all employee level is to bring employees together behind the company. Giving them more of a sense of identity with their company […]
EMI “Tax Benefits May Be Secured Within Weeks”
The Employee Share Ownership Centre (Esop) Centre announced today that the European Commission is likely to renew approval for Enterprise Management Incentive (EMI) options within weeks. EU State Aid approval for the EMI scheme needs to be renewed, following its expiration on April 6, but HMRC announced on April 4 […]
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 […]