• Offer employees performance inducements
• Advice on all schemes from Share Save Schemes to Employee Benefits Trusts
• Pay Employees in a tax efficient manner

Share Incentive Schemes are designed to:

• Attract, retain and incentivise staff
• Provide targeted incentives to key members of staff
• Replace or reduce bonuses

Employees who opt into schemes can:

• Be given shares in the scheme
• Receive share options
• Purchase shares at an attractive rate

There are a series of Inland Revenue schemes that can be used to administer these plans and they include:

Share Incentive Plans
Employees can purchase shares up to a value of £1500 per year and this is taken from the salary before tax is deducted. Employers can then offer up to two additional shares for each one purchased with less tax paid if shares are held for three years or more.

TheCompany Share Plan Option
Selected employees can receive options to acquire shares worth up to £30,000 and certain criteria such as performance and loyalty can be applied.

The Enterprise Management Incentive
More flexible and tax efficient than the Company Share Plan, but only open to smaller companies with certain business activities excluded.

The Savings Related Share Option Scheme
Employees can save up to £250 per month, over a 3 or 5 year period which can be used towards the exercise of options to buy shares.

There are two other schemes that can also be used.

Share Purchase Scheme
The employee purchases shares with a deposit. The unpaid balance is treated as a loan. The arrangement can be tax efficient, but employees are exposed to downside risk as well as potential gains.

Employee Benefit Trusts
Trusts are an important feature of many approved and unapproved schemes. They provide separate legal ownership for employee benefits and also facilitate "internal markets" in the shares of unquoted companies.

We at Forum Wealth Management have professional connections who can arrange the correct scheme for you, dependent on your objectives.