Employee Share Ownership - Information for employees
Substantial changes to the taxation laws governing employee share schemes have been announced in the 2008-09 Budget. These changes are not reflected in the information provided on this site or in the 'Getting Started' kits. You should therefore seek information and advice from a suitably qualified tax professional.
Employee share ownership is where you, the employee, receive shares in the business you work in. As an employee, you can receive shares in several ways, for example, as a reward, at a discounted price, instead of some of your salary, or at full price.
It is a chance for you to make a financial investment, while becoming a part owner of your workplace. Some of the advantages of participating in your workplace’s employee share ownership plan (ESOP) are:
As well as the benefits there are a number of things you should consider before participating in an ESOP. See below for more information.
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