Tolley's Guide to Employee Share Schemes

Tolley's Guide to Employee Share Schemes provides detailed, expert guidance on implementing employee share schemes, comprehensive coverage of the range of employee share schemes which can be introduced and the various tax benefits associated with these schemes. This indispensable guide is written in a clear, practical style and includes worked examples and case studies throughout.This book will also include the following specific topics: * The changes to the Enterprise Management Incentives legislation; The creation of employee share schemes for subsidiaries; The development of inventive approaches to L-TIPs and trends in the market place; The further developments on employee share scheme accounting; The further developments on employment-related securities, notably in relation to Restricted securities, Value shifting, Alphabet shares, Earn-outs; The “simplified” Form 42 and its exemptions; The further interpretation of the U.K. legislation in relation to foreign domiciled individuals; The further interpretation on transactions with trusts at market value; The developments and apparent resolution on the implications of transfer pricing for employee share schemes; The implications of the revisions to the Model Code; The further developments on the anti-avoidance provisions for tax-unapproved schemes; The implementation of the European Prospectus Directive, i.e. how practically it has been implemented; The review of the trust law that supports employee share trusts; The implications of the Age Discrimination Act for employee share schemes; The developments in employment law on dismissal claims involving employee share schemes; The update on employment law cases on discretionary payments; The share loan scheme facilitated under the new Companies Act 2006; The share early entitlement scheme in the absence of taper relief from 6th April, 2008; The treatment of office-holders under the employment-related securities legislation; The South African method of using the employee share trust for “compulsory” share schemes; The updates on the institutional investor guidelines; The reform of capital gains tax and entrepreneurs relief; The new studies from the U.S. on the effectiveness of employee share schemes; The results of the U.K. government studies on the effectiveness of employee share schemes; The development of employee share schemes in European countries; The employee share trust as the alternative to the purchase of own shares; HMRC’s view of issues surrounding share schemes will be covered and will highlight where HMRC’s views are potentially questionable.