Share Schemes & Unapproved Options - All You Need to Know

Introduction

There are four approved schemes for the acquisition of shares in a company by employees. Approved options may not always be available or may have already been exhausted by the company.

Other options may need to be considered for the participation of employees in the ownership of the company in a tax efficient way.

This virtual classroom session will show you how unapproved options can be used - they are flexible and can be used by most companies.

What You Will Learn

This live and interactive session will cover the following:

• Option to acquire shares v straight acquisition
• What does an unapproved scheme mean?
• Approved v unapproved scheme
• Bonus/phantom schemes
• Share option plans
• Long term incentive plans (LTIPs)
• Nil paid shares
• Joint ownership arrangements (JOAs)
• Growth shares
• Tax implications for the company and employees
• Examples of different scenarios that impact on tax implications
• NICs implications
• Business Asset Disposal Relief (previously Entrepreneur’s Relief)
• Restricted securities issues
• Section 431 election
• Common pitfalls
• Notifications of options

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.