Walker Morris launches essential guide to employee share schemesPrint news article
Latest little green book guides companies through incentivising employees and saving money.
Walker Morris has launched the latest in its series of essential little green books. The latest edition is a comprehensive guide to employee share schemes which offer companies a tax efficient way of rewarding employees and saving money.
People are what make a business. Taking extra measures to look after staff and management can totally revitalise the way a company works. Offering employees a chance to own part of the company they work for can motivate people and make them more interested and involved.
Simon Concannon, Head of Tax at Walker Morris explains:
“In an increasingly competitive environment it is important to recruit and retain the best staff. Employees Share Schemes are a great way to reward employees and help with tax planning. The schemes are approved by HM Revenue and Customs and encouraged by the Government. A number of our clients have enjoyed great success with them and they are becoming increasingly popular. For example, one of the most popular schemes is the Enterprise Management Incentive scheme which offers tax advantaged share options to employees and tax savings to companies. To help our clients understand if they qualify we’ve developed a free EMI tool on our website which helps companies to ascertain if they qualify for the scheme in just a few minutes.”
The little green book, presented in the user-friendly, mobile formats of ibook and ebook, is free of charge on iTunes and from the Walker Morris website and explains the ins and outs of the most popular schemes. It’s designed to help companies to navigate their way through the world of Employee Share Schemes by explaining what types of schemes are available, the benefits to using them, how you qualify for them and the key issues and pitfalls to be aware of. It also contains a useful glossary to assist in deciphering some of the more obscure terms used by tax practitioners.