Sharing value

Janette Burns and Caroline Butler consider tax favoured share schemes for employees working in the UK and Ireland

Entrepreneurial companies wanting to recruit and retain high calibre staff are increasingly looking for simple and effective ways to offer share ownership. Employee share ownership is a powerful way of encouraging key employees to think like owners, helping to make the business more productive, profitable and resilient. This article will provide an overview of the most favoured share schemes available under UK legislation to UK taxable employees, together with an overview of the new Key Employee Engagement Programme (KEEP), which was introduced by the Irish government in 2017 for employees working in Ireland.