Save As You Earn Scheme

Save As You Earn Scheme (SAYE) definition

/seɪv/ /as,əs/ /juː/ /əːn/ skiːm/

What does Save As You Earn Scheme mean?

A SAYE scheme is a type of tax-advantaged employee share scheme that meets the requirements of Schedule 3 of ITEPA 2003 under which participants are granted a tax-efficient share option and are required to enter into a linked savings arrangement with a bank or building society.

Variances

SAYE

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