Non-Tax Advantaged Share Plan (NTA)
The Non-Tax Advantaged Share Option Plan (“NTA”) is a simple and cost effective way of providing share options to both employees and non-employees such as contractors.
Download free NTA Fact Sheet
About the Non-Tax Advantaged Share Option Plan
As a share option plan, the Non-Tax Advantaged Share Option Plan offers selected participants the opportunity to purchase shares in a company at a fixed price.
Individual performance conditions can be designed into the plan, helping to ensure rewards are only distributed when key corporate objective have been met.
It can be used as a stand-alone share option plan, or alongside the tax-advantaged Company Share Option Plan (CSOP) in order to provide top-up awards.
Employee Share Schemes
Benefits of a Non-Tax Advantaged Share Option Plan
- Relatively straight forward to set up – this means cost savings for you!
- Promotes retention of key individuals
- Offers share based rewards that can be linked to individual performance conditions
- Current shareholders are not immediately diluted
- Focuses participants to work toward established corporate objectives
How we can help
At RM2, we believe in taking a consultative approach to building share plans and finding out precisely what our clients are looking to achieve. This approach helps us to deliver a professional and effective service, helping clients meet their goals and plan for the future. Our highly experienced team are well positioned to guide your company through every stage of the share scheme process, including:
1. Strategic review
The design will flow from your objectives, so the more precise you are the better. What is your business plan, and what you need from your employees to execute this plan successfully? Do you want to focus people on an exit? Do you want to reward all employees as a team? Do you have just one key recruit in mind? We will ask you lots of questions to tease out your objectives.
2. Plan design
3. Shareholder resolutions
Once the design and modelling are complete, we will work through your company structure and identify what changes need to be approved by shareholders. We will then prepare resolutions to be passed and work with you to obtain approval from shareholders.
4. Articles of association
5. Share valuations
6. Employee communications
7. Share Plan administration
8. Ongoing support
Employee Share Scheme Aftercare
Once an employee share scheme is setup, it is vital that it is administered effectively to ensure that:
- your share plans remain compliant
- all relevant documents are filed online with HMRC
the intended tax benefits are achieved - employees are kept aware of their awards and the benefits
- your share plans remain relevant
What our clients say
Andrew Crawford
Director, New England Seafood
“RM2 has always given a professional yet personal service which is of huge value when dealing with such sensitive issues.”
Next steps
We have successfully designed, implemented and administered over 1,500 share plans across a range of sectors, so you can rest assured your plan will be in the best possible hands.
If you would like to find out more about how a Non-Tax Advantaged Company Share Option Plan can help your business, why not call a member of our team directly on 020 8949 5522, request a callback using the button located at the top of the page, download our fact sheet or send an email to enquiries@rm2.co.uk.
