London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552
"We understand our clients'
needs and offer practical solutions"

Is Time Running Out on Employee Shareholder Status?

Date: 6th May, 2015   |   Author: Cathy Corns   |   Comments: 0

The Employee Shareholder Status provides for employees to receive shares with a value of between £2,000 and £50,000, subject to income tax on the excess over £2,000.  The key advantage is that on sale, the gain on the shares is exempt from capital gains tax. In return for the free transfer of shares, employees have to give up certain employment rights.

However, the Labour Party is not a fan of the Employee Shareholder Status legislation and has undertaken to abolish it if it is returned to power following the election.

Time is definitely running out for anyone who is interested in going through with the planning.

 

Discussion and Comments

 

Name:
Email:
Comment:  
Please enter the word you see in the image below:

Notify me of follow-up comments?

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.

Tweet

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn