Tolley’s Guide to Employee Share Schemes
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Tolley’s Guide to Employee Share Schemes

Tolley’s Guide to Employee Share Schemes


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About the Book

Table of Contents:
About the author; Abbreviations; Section one: Why employee share schemes?; 1. Function of employee share schemes; 2. Concept of tax approval; 3. Business case for employee share schemes; 4. Empirical evidence for employee share schemes; 5. Employee share scheme: case studies; Section two: Current issues in employee share schemes; 6. Process of scheme design; 7. Underwater options and share price volatility; 8. Coping with a downturn in the share price; 9. Progressive communication strategies ; Section three: The Government tax-sponsored schemes; 10. Approved savings-related share option scheme; 11. Approved executive/company share option scheme; 12. Approved share incentive plan; 13. Enterprise management incentives; 14. Finance Act 2003 changes to the tax approved schemes ; Section four: The traditional tax-unapproved arrangements; 15. Tax-unapproved share option scheme; 16. Phantom share option scheme; 17. Inheritance tax; Section five: Employee share trusts; 18. Origins of the employee share trust; 19. Operation of the employee share trust; 20. Employer’s responsibilities in operating employee share trusts; 21. Checklist for an employee share trust; 22. Employee share trust for management buy-outs; 23. Tax issues for employee share trusts established by close companies; 24. The diagrammatical representation of key trust principles; Section six: The statutory and regulatory framework; 25. Securities law; 26. Financial services law; 27. Model Code and insider dealing; 28. Employment law; 29. Age discrimination; 30. Share schemes for non-employees; 31. Annual report disclosure requirements; 32. Institutional investor guidelines; 33. European Prospective Directive; 34. Accounting rules; 35. Treasury shares; 36. Transfer pricing and recharge arrangements; Section seven: Mainline tax provisions; 37. Pay-as-you earn and national insurance contributions; 38. Corporation tax relief, including deferred tax credits; 39. Capital gains tax implications for employee share schemes; Section eight: The interpretation of Part 7, ITEPA 2003; 40. Development of the tax legislation; 41. Employment-related securities – Finance Act 2003; 42. Restricted securities: Chapter 2; 43. Convertible securities: Chapter 3; 44. Securities with artificially depressed market value: Chapter 3A; 45. Securities with artificially enhanced market value: Chapter 3B; 46. Securities acquired for less than market value and notional loans: Chapter 3C; 47. Securities disposed of for more than market value: Chapter 3D; 48. Post-acquisition benefits from securities: Chapter 4; 49. Alphabet shares; 50. Shares in research institution spin-outs companies: Chapter 4A; 51. Earn-outs; 52. Share loan schemes; 53. Subsidiary company share schemes; 54. Growth shares; 55. Flowering shares; 56. Ratchet arrangements; 57. The reporting of employment-related securities; Section nine: The overseas implications; 58. Overseas scheme arrangements for overseas employees; 59. Overseas implications for UK interfacing companies; 60. Employee share schemes in the USA; Appendices; Appendix A: ABI Guidelines on policies and practices; Appendix B: HMRC SAYE Option Form 34; Appendix C: HMRC Company Share Option Form 35; Appendix D: HMRC Share Incentive Plan Form 39; Appendix E: HMRC Enterprise Mangement Incentives Form EMI 40; Appendix F: HMRC Employment Related Securities Form 42; Appendix G: Further reading; Index

About the Author :
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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Product Details
  • ISBN-13: 9780754537663
  • Publisher: Lexisnexis UK
  • Publisher Imprint: Tolley
  • Height: 228 mm
  • No of Pages: 640
  • ISBN-10: 0754537668
  • Publisher Date: 20 Nov 2009
  • Binding: Paperback
  • Language: English
  • Width: 150 mm


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