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With Tolley’s Guide to Employee Share Schemes you can be sure you’re giving the best, up-to-date guidance on implementing employee share schemes which will save money for your client. This title from LexisNexis evaluates the range of employee share schemes available, looking at their processes, the statutory and regulatory requirements, HMRC’s interpretation of share scheme issues and most importantly the tax benefits associated with the various schemes. You can rely on the detailed and expert guidance contained in this title to ensure you choose the most effective and tax efficient employee share scheme. This indispensable guide is written in a clear, practical style and includes worked examples and case studies throughout. Key topics include: * Employee Share Schemes in an economic downturn * ‘Underwater Options’ * Changes to the participation limits on EMI * Additions to the qualifying company rules for EMI * Impact of the residence and domicile tax reforms on the employment-related securities legislation * Stamp duty changes * Further HMRC interpretation of the employment-related securities legislation * Interaction between the new entrepreneurs’ relief and share schemes * Accounting bodies pronouncement on the treatment of SAYE options * HMRC publication of evidence on the effectiveness of EMI * Gradual introduction of Companies Act 2006 and the impact on share schemes * Opportunity to introduce share loan schemes for directors through relaxation of rules * Case law, Duarte v. Black and Decker, and the enforceability of restrictive covenants on share scheme rules * Case law, Finnegan v. J.E. Davy, and the forfeiture of compulsorily deferred bonuses
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David is an independent consultant specialising in employee share ownership and reward management. Following a successful corporate career in which he established numerous employee share schemes worldwide, he founded his own consultancy services company, David Craddock Consultancy Services, where he has developed a varied clientele ranging from major public limited companies to small-medium sized private concerns. David is a member of The Federation of Tax Advisors and The Institute of Directors and is a regular and well known speaker at conferences and seminars.
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