Entrepreneurs' Relief and preference shares
HMRC loses their appeal at the First Tier Tribunal in the case Warshaw v HMRC
First Tier Tribunal - taxation of share options
Vermilion Holdings Ltd vs HM Revenue & Customs - will HMRC appeal the judgement?
EMI options, due diligence and the data room
Where good record keeping and share plan administration comes into its own
Fake News - Share Incentive Plan myths busted
A fantastically tax efficient share plan for both the employees and the company
Entrepreneurs' Relief - First Tier Tribunal
Decision upheld regarding one of the key tests for Entrepreneurs' Relief (5% of nominal capital)
Employee Share Schemes - acquiring shares after exercise
Dealing with bad leavers without attracting judicial disdain
RM2 becomes fully employee owned
Market leading share scheme and EOT consulting business converts to full employee ownership
Reflections on the British Isles Share Schemes Symposium
How to change the world - fascinating themes from this years' talks
Share plan annual returns are approaching
Do you have a last minute rush and panic, or do you plan ahead and have everything wrapped up?
Employee Ownership Trust Transactions
The Jack Fitzpatrick Memorial Lecture - progress on a succession solution
HM Revenue & Customs & EMI Valuations
Are HMRC baring their sharks teeth in relation to Enterprise Management Incentive valuations?
A zero tax employee share plan
The Share Incentive Plan ("SIP") sounds far too good to be true, so what are the rules?
Discretion and employee share schemes
Does the board have a totally free hand in saying who gets what and how they get it?
Costly mistakes - errors on share plan returns
Don't slip up with your plan administration, it's not worth the fines issued by HMRC
Investment Association's principles of remuneration
The IA published a revised version in November, what changed?
Our predictions for employee ownership in 2019
We make five bold predictions for what might happen in employee ownership
What a year 2018 has been for share schemes and EOT transactions
We take a look at the big and small stories of the year...….
Promised you a Miracle - recent case on ER
We translate the tedious legal jargon for you in a case about entrepreneurs relief
Entrepreneurs’ relief – why EMI is still the best option
A couple of weeks ago the Budget announced changes to entrepreneurs relief
Top 50 employee owned companies in 2018
Each year RM2 compiles a list of the largest 50 employee owned companies in the UK
Hang in there Gromit – it’s all under (employee) control
Aardman Animations have made the jump to employee ownership
Budget: October 2018
Entrepreneurs’ Relief changes - noting the particular impact on Enterprise Management Incentives
When ordinary shares are not ordinary
We published a blog on a couple who were able to benefit from entrepreneurs’ relief because
13 reasons to talk about the Share Incentive Plan
Employee ownership implemented correctly & communicated strongly can make a difference.
McDonnell, May and Employee Ownership
What does the Labour Party’s announcement mean for employee ownership?
Your Enterprise Management Incentive Scheme
Don't get caught out and unintentionally disqualify your EMI. If you think that any of the...
Don't kill your valued team's enthusiasm
So, you’re a business owner – what should you be saying about your plans to sell?
Getting your share plan right. Step 3. Valuation
It's important that you have a clear idea of what your shares are worth at the outset.
Is the law an ass with employee share plans?
There are certain legal requirements that company directors, in particular, need to know
5 myths to selling your business to employees
Some common misconceptions we encounter and have hopefully corrected...
Tribunal ruling on director loan accounts
The First Tier Tribunal has ruled director loan accounts written off were taxable as ….
Reports show EMI options hit record high
Employee ownership, and in particular EMI schemes are at their most popular level ever.
New changes to the UK Prospectus Rules
No need to publish a prospectus if certain conditions of total consideration are met
HMRC's crucial step into the future for EMI schemes
Today we received an email from HMRC agreeing a valuation for an EMI share scheme...
What IS an employee (this is not a silly question!)
If you’re running an employee share scheme is it always obvious who your employees are?
EMI - the economic rationale is alive and kicking
Recently the government issued a report by HMRC evaluating the EMI scheme.
The dog ate my share plan return and other excuses
HMRC are not known for accepting excuses for late filing of your share scheme annual returns
Corporate Finance Associate vacancies
We are seeking two Corporate Finance Associates with a minimum of 3 years’ experience
EBT and EOT trustees - step carefully
A recent case in the high court gives some helpful pointers about decision making by trustees
Agreements Matter - what a founder overlooked
We asked both founder and employee the impact of setting up an EMI scheme
When an EMI scheme won't work - the alternative
EMI is a great employee share scheme, but don't forget the tax advantaged CSOP
Interesting nuggets about EMI state aid approval
Businesses breathed a sigh of relief on 16 May when the EU commission announced ..
EMI options given green light by European Union
In April 2018, HMRC created concern that the availability of EMI tax relief was in doubt....
Most EMI's are not affected by lack of EU state aid
Temporary breach of EU law by the UK government could (in theory) negate tax reliefs for EMI…
The importance of employment status - get it right
A recent case emphasises the importance of being clear about employment status in relation to share…
Getting your share plan right - how much is too much?
How do you work out how much to give away under your share plan or option scheme....
EMI tax advantages and EU state aid withdrawal
There’s been plenty of noise in the last week about EU state aid and EMI options
Changing vesting provisions in share plans
The High Court recently ruled in favour of two former employees of Lloyd Bank plc, finding that…
Performance Targets - be careful what you wish for
Performance targets are a common feature in share plans, but are they really necessary?
Dilution affects employee share schemes too
We noticed that, as part of the recent Spring Statement,the government has decided
Don’t let your ERS penalties snowball out of control
If you forget to register and file your share plan annual returns the penalties can soon add up...
Co-founder disputes: minimising damage
Fallings out between founders is sadly quite common among start-ups. What is just as...
Your share plan – get the first step right
We recently published an outline checklist for putting in place a share plan. Step one on that…
Carillion – lessons learned for share schemes?
One of the issues raised in connection with the Carillion story in the last couple of days is the…
2017 – the year in employee share schemes
Traditionally, as the year ends, RM2 takes a look at the highlights of the year in share schemes...
Simple employee share schemes (3. dilution)
This part of the series looks at dilution, or rather protecting specific groups from dilution. You…
Simple employee share schemes (2. termination)
Worry about what happens to an employee's options or shares when they leave can often lead to…
Simple employee share schemes (1. vesting conditions)
I love simple share scheme designs – they’re easier to manage, easier to explain...
Directors' discretion - be sure to handle with care
Many private companies are keen to implement a flexible share scheme and will frequently choose a…
2016 – the year in employee share schemes
There have been bigger issues in the world this year than share schemes. Nonetheless, it’s been…
Secretary: vital for employee share schemes
When designing and implementing an employee share scheme, the importance of a...
Enterprise Management Incentive share scheme
It’s easy to get lost in the complexity of regulations and tax rules around employee share…
Employee share schemes: looking back over 2015
As 2015 comes to a close we take the opportunity to look back on the news that hit the share scheme…
How great are your employee share schemes?
Did you put in place a great share scheme this year? Did you take an existing share scheme and…
Employee Benefits Awards: closer look at nominees
They’re deemed the providers of the Best Employee Share Schemes; we look at why...
Why elections matter (for employee shares)
A quick look through the pledges of the parties in relation to employee share schemes may give us…
HMRC registration: Broadsword calling Danny Boy!
If you, or one of your clients, operates an employee share scheme, it MUST be registered on...
Employee share scheme registration deadlines
If any of your clients have UK taxpayer employees receiving share/stock options, restricted share…
The importance of good record keeping
Ensuring the implementation of any employee share scheme is an essential component…
Professional advisors: working alongside RM2
RM2 specialise in employee share schemes. That’s it. So if an employee share scheme is right for…
(S)EIS and employee share schemes
The Enterprise Investment Scheme (EIS) was introduced to encourage investment in small...
IT consultancies are using employee share schemes
IT consultancies can take many forms – for example they may often use individual consultants in…
Employee share schemes – myths busted!
One reason to set up a share plan is to retain staff. There will be an initial outlay but how does…
Employment Related Securities (ERS)
The online service for the registration and self-certification of employee share schemes...
Employee Share Schemes – gently does it!
We're often contacted by private company owners who are keen to implement share plans for their...
Employee share schemes: back to basics
With the Budget having just been announced, we felt it was a good time to go back to basics, and…
Employee Share Schemes are moving online!
HM Revenue & Customs (HMRC) is changing the way that share schemes are administered and...