SIP—eligibility requirements and self-certification process

SIP—eligibility requirements and self-certification process guidance:

The company establishing a SIP The company establishing the share incentive plan (SIP) does not have to be the company whose shares are awarded. However: • the shares to...

Practice Note

The share incentive plan (SIP) legislation is very prescriptive in relation to the nature of the trust that is required to operate in conjunction with a SIP, and the...

Practice Note

This Practice Note covers the following topics: • the law governing SIPs—self-certification, registration and filing requirements • HMRC approval process up to 6 April...

Practice Note

Terminology Schedule 2 of the Income Tax (Earnings and Pensions) Act 2003 (ITEPA 2003) uses the phrase an ‘award of shares’ to indicate shares that are either...

Practice Note

Individuals may, at any one time, be employed by more than one employer, usually on a part-time basis for each company. These companies may sit in the same group or may...

Practice Note

With effect from 6 April 2014, the process for establishing a tax-advantaged share plan (CSOP, SIP and SAYE) changed dramatically. This Practice Note looks at the system...

Practice Note