Share Incentive Plan

Share Incentive Plan (SIP) definition

/ʃɛː/ /ɪnˈsɛntɪv/ /plan/
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What does Share Incentive Plan mean?

Share Incentive Plans (SIPs) (formerly known as Approved Employee Share Ownership Plans) are tax-advantaged share plans, that meet the requirements of Schedule 2 of ITEPA 2003. They were introduced in 2000 as a means of encouraging employees at all levels to acquire shares in their employer company.

Variances

SIP
SIPs

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