The Employee Ownership Top 50, originally created in 2014 by the late Nigel Mason, is a list of the largest 50 private employee-owned companies by number of employees in the UK. RM2 is proudly continuing the research as part of Nigel’s legacy, and publishing it...
HMRC have recently updated the Enterprise Management Incentive “EMI” section of its Employee Tax Advantaged Share Scheme User Manual in relation to the exercise of director discretion with regards to EMI options. The update is most welcome, given our view that it was needed back...
HMRC have updated its Employment Related Securities Manual in relation to the various restricted securities elections. Among the changes, it has been confirmed that a restricted securities election, such as those pursuant to s431 Income Tax (Earnings and Pensions) Act 2003, can now be made...
The Employee Ownership Top 50, originally created in 2014 by the late Nigel Mason, is a list of the largest 50 private employee-owned companies by number of employees in the UK. RM2 is proudly continuing the research as part of Nigel’s legacy, and publishing it...
It’s nearly budget time and the share plans world is excited to see if there will be changes to the rules relating to Enterprise Management Incentive (EMI) share option schemes. Last year the Treasury launched a consultation calling for evidence from company owners and practitioners about...
Why is employment status so important for share schemes? The answer lies in a mixture of tax law, financial services law and company law. It is of course perfectly possible for companies to grant options or award shares to non-employees, board advisers or non-executive...
In spite of the challenges of the pandemic, or maybe because of it, 2021 has shown that the momentum for Employee Ownership Trusts (EOTs) has continued to increase, according to flash results of the EOT Survey, created and tracked by RM2 for the Employee Ownership Association. There were...
RM2 does the research for the Employee Ownership Top 50, a list of the largest 50 private employee-owned companies in the UK which has been prepared annually since 2014. RM2 publishes the list in a partnership with the Employee Ownership Association (EOA). Key findings: By tracking the...
