Employee Incentives
Beyond the EMI scheme, there is a range of HMRC-approved and non-approved employee incentive arrangements. We help businesses design and implement the right scheme for their stage of development, workforce, and commercial objectives.
What are the benefits?
Company Share Option Plans (CSOP)
CSOPs allow companies to grant options over shares worth up to £60,000 per employee with no Income Tax on exercise and only CGT on eventual sale. CSOPs are available to companies that don't qualify for EMI, including larger and AIM-listed companies.
Share Incentive Plans (SIP)
SIPs are HMRC-approved plans that allow employees to acquire shares free of Income Tax and NIC. They can be structured as free shares, partnership shares, matching shares, or dividend shares — each with different tax treatment.
Non-Approved Options and Growth Shares
Where HMRC-approved schemes are not available or not suitable, we design bespoke growth share arrangements that allow employees to participate in future value growth with minimal upfront tax cost.
Employer Tax Benefits
Many incentive schemes also provide Corporation Tax deductions for the company, reducing the net cost of the arrangement and improving the overall economics of rewarding key staff.
How can Zenus Tax help?
We assess which incentive scheme is most appropriate for your company and workforce
We design the scheme structure, including any performance conditions and vesting provisions
We prepare all necessary documentation and HMRC registration
We communicate the scheme to employees clearly, including the tax treatment
Frequently Asked Questions
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