Sharing the Spoils – Share Schemes for employees are tax efficient

In these videos, our experts discuss the tax efficiency and advantages of Share Schemes for employees. Usually associated with high tech startups, Share Schemes for employees are now being used by a wider range of companies and have enjoyed high profile success in the UK. Key reasons to create Share Schemes for employees include employee retention and attraction, tax efficiency and differentiation. As we move from recession to recovery and the value of companies is rising again. So all businesses should think about how they might build Share Schemes for employees it into their reward package.  Employees feel part of the business and can see that as they work hard, the business is growing, the value of the business is growing, and they are part of it.

    01

    Employee share schemes not just for large companies

    Inez Anderson

    Inez Anderson

    Partner - Employment Tax & Incentives, Smith & Williamson

    Inez Anderson: “We’re seeing legislation coming in to really encourage share ownership and participation in smaller businesses.  So that’s the one everybody would like but not everybody can [...]
    02

    Share schemes, tax savings, and entrepreneurs relief

    Inez Anderson

    Inez Anderson

    Partner - Employment Tax & Incentives, Smith & Williamson

    Inez Anderson: “The idea is you award your employee an option over shares.  You can put conditions on that that certain things have to be achieved either by the company or by the individual [...]
    03

    Flexible benefits at the heart of recruitment and retention

    Ian Luck

    Ian Luck

    Director - Financial Services, Smith & Williamson

    Ian Luck: “What we’re trying to do is actually get something that’s relevant to each and every company.  So there will be a different requirement for each different workforce.  And we try [...]
    04

    Engage your staff by growing your benefits structure

    Peter Maher

    Peter Maher

    Director - National Head of Financial Services, Smith & Williamson

    Peter Maher: “There’s the negative impact of getting it wrong.  You don’t attract and you don’t retain the staff you want.  And the positive impact is you do attract and you do retain.  But [...]
    05

    Share schemes as a differentiator

    Inez Anderson

    Inez Anderson

    Partner - Employment Tax & Incentives, Smith & Williamson

    Inez Anderson: “Do they need to be on top of it?  And I’d say the answer is yes.  I think the current marketplace we’re in is an ideal time to be looking at using shares as reward.  A lot [...]
    06

    Share schemes: the ultimate reward?

    Inez Anderson

    Inez Anderson

    Partner - Employment Tax & Incentives, Smith & Williamson

    Inez Anderson: “There’s a very wide range of share schemes and they can range from where you’re actually giving somebody a share or giving them an option over a share. And they’re both very [...]