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Employee Share Ownership

The new employee owner status whereby employees give up employment rights in exchange for shares was not welcomed enthusiastically.   One of the problems was that any shares gifted would be subject – potentially – to income tax and national insurance.  The Chancellor has indicated that this anomaly will be removed.

  In my opinion this will not make the offer significantly more popular but I may be proved wrong.

 

 

Date: 20th March, 2013
Author: Cathy Corns

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