Share incentives for corporate lawyers

Share incentives for corporate lawyers guidance:

This Practice Note describes: • what corporate governance is • corporate governance for private companies • the UK approach to corporate governance in relation to share...

Practice Note

Deferred share bonus: key elements Deferred share bonus plans are typically constituted by the following key elements: • they are structured as employees’ share schemes...

Practice Note

This Practice Note focuses on the conditions that have to be satisfied in order for Enterprise Management Incentive (EMI) options to be granted and summarises the tax...

Practice Note

This Practice Note describes: • the awards available to employees under a Share Incentive Plan (SIP) • the statutory conditions which a SIP must satisfy, and • the tax...

Practice Note

This Practice Note describes: • the types of option that may be granted under a tax-advantaged Company Share Option Plan (CSOP) and a tax-advantaged Save As You Earn...

Practice Note

What is a cashless exercise of options? The ‘cashless exercise’ of options or a 'cashless exercise facility' refers to the mechanism by which share options can be...

Practice Note

The Consumer Credit Act 1974 (CCA 1974), the Financial Services and Markets Act 2000 (FSMA 2000) and the Financial Services and Markets Act 2000 (Regulated Activities...

Practice Note

This Practice Note focuses on some key corporate issues that arise in the context of share incentives including: • the company law requirements that do not apply (or...

Practice Note

This practice note details the obligations placed on quoted companies in respect of the establishment, implementation and operation of a deferred share bonus plan. For a...

Practice Note

This Practice Note describes: • what is meant by 'disguised remuneration' • the basis of the disguised remuneration charge, and • the tax implications of a disguised...

Practice Note

An earn-out is a particular way of structuring the consideration payable for the acquisition of shares in a company (the Target) where at least part of the price is to be...

Practice Note

Employee benefit trusts (EBTs) are a type of discretionary trust which are primarily established to enable companies to provide shares, cash or other benefits to their...

Practice Note

Relevance of the takeover code to share acquisitions by an EBT It may be necessary to consult the Takeover Panel (Panel) in certain circumstances if the trustee of an...

Practice Note

Various income tax and national insurance contributions (NICs) charges can arise for an employee or director in relation to the acquisition, ownership or disposal of...

Practice Note

The meaning of financial assistance—overview Financial assistance is a term defined by the Companies Act 2006 (CA 2006). In summary it is any form of assistance given by...

Practice Note

The Financial Services and Markets Act 2000 (FSMA 2000) is the principal legislation governing the financial services sector and regulating securities and investments in...

Practice Note