Topical discussions about employee ownership and employee share plans
If you’re just starting to think about rewarding employees in your company with shares, it can be difficult to decide what’s the best plan for you. There are a variety of plans to choose from. Some plans are tax efficient, and you can tailor many...
If you’re new to share plans, you’re probably going to be coming up against some pretty horrible jargon. Here’s a quick and dirty guide to some of the terms you’ll come across at the outset of your employee share plan journey – what they mean and...
By the time this blog lands, it seems likely that the UK will have a new government. It's natural to wonder if this will mean a big change for employee share plans and employee share ownership generally. However, whether we’ve woken up on Friday 5th...
This year sees the tenth anniversary of the introduction of the Employee Ownership Trust. A decade on, over 1,000 companies in the UK have seized the opportunity to make the jump to employee ownership using this model. To celebrate Employee Ownership Day 2024, RM2 has identified...
HMRC have taken their time before publishing tax-advantaged employee share scheme (ESS) statistics for the tax year 2022 (at the end of May 2024). This may be because they had discovered data processing errors in the years from 2015 to 2021. In fact, HMRC have...
Recently we’ve been getting a lot of enquiries about all employee share plans. The Share Incentive Plan (SIP) in particular seems to be ticking a lot of boxes for companies, both private and listed. Here are just ten factors explaining why companies use SIPs to...
RM2 is excited to see the EOA’s newly launched manifesto aimed at supporting and unlocking the full potential of the UK’s employee owned sector. With over 1,650 employee owned businesses (EOBs) in the UK, employee ownership is growing fast. Increasingly, we’re seeing evidence that the model...
HMRC is now ready and waiting for your employee share plan annual returns. However, they won’t remind you to file your return – it’s down to you to remember and file in time. If you’ve granted options or given shares to your UK employees, you must...
RM2 is proud to announce we’ve been employee owned for 5 years! On 2 April 2019, Sarah Anderson and the late Nigel Mason signed over RM2 Partnership to the RM2 Employee Ownership Trust, which now holds the whole company on behalf of us all. What’s changed for...
If you need to know the basics about about Employee Ownership Trusts (EOTs), this blog is for you! 1 What is an Employee Ownership Trust? An EOT is a type of employee benefit trust that holds shares for employees. EOTs will usually own most or all of...
For some business owners, selling all their shares to an Employee Ownership Trust (EOT) is the complete solution to their succession worries. Key benefits of selling to an EOT Sellers pay no capital gains tax if they sell a majority shareholding to an EOT. This means that...
Many businesses understand the importance of incentivising their staff, and will often invest significant time (and money) in designing and setting up an employee share plan such as Enterprise Management Incentives (EMI). An EMI plan can play a central part in attracting, motivating and retaining staff. ...
Many private company business owners like the idea of incentivising employees via a share scheme. Advantages include attracting and keeping key talent in a competitive market. Using equity can also be an attractive alternative when cash is tight, and salary requirements are high. Founders who’ve built...
If you are running an employee share plan or employee ownership arrangement, there are some key dates that should be in your diary every year to be sure your plan is compliant with various HMRC rules. In addition, this year there are some changes to...
The Company Share Option Plan or CSOP offers generous tax reliefs, but then so can an Enterprise Management Incentive Scheme if your company qualifies, so which is better? We take a look at the key features of both to help you decide which might be...
