Delve into the intricacies of share subscriptions and explore non-tax advantaged arrangements that offer flexibility and strategic benefits. This topic provides essential insights for legal teams navigating the nuances of these financial instruments within the industry. Equip yourself with expert knowledge to advise on the establishment and regulatory adherence of these incentive schemes.
This week's edition of Share Incentives weekly highlights includes (1) HMRC updating ETASSUM for increased EMI limits and providing guidance in...
This week's edition of Share Incentives weekly highlights includes (1) HMRC’s new consultation on reporting close company payments to participators,...
This week's edition of Share Incentives weekly highlights includes (1) Finance Bill 2026 receiving Royal Assent and (2) updated guidance from the FRC...
This week's edition of Share Incentives weekly highlights includes (1) the FTT decision in CooperVision Lens Care Ltd v HMRC, (2) the FCA’s CP26/8:...
Malus and clawbackThe use of malus and clawbackThe concept of withholding or even recovering value from executives if a material adverse event occurs...
What is a long-term incentive plan?A long-term incentive plan (LTIP) is a term that is commonly used among listed companies to describe executive...
Nil paid shares and partly paid shares—practical considerationsWhat are nil paid shares and partly paid shares?When shares are issued, their...
Implementing share plans—ways to manage dilution of existing shareholdersWhat is share dilution?Share dilution happens when a company issues...
Phantom share awards and optionsWhat is a phantom award?Phantom awards, broadly speaking, can be split into two categories, phantom share awards and phantom options.Phantom share awardsA phantom share award is best described as a right to receive a cash payment equal to the value of a real share.You
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application
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