About Share Incentives
The world of share incentives and employee ownership is currently one of the hottest topics and a huge priority for the current government. The law is constantly changing and companies are regularly having to grapple with new legislation, new guidance and new ideas. In such a complex, ever-changing area, where the repercussions of getting it wrong can be unforgiving, companies need to understand the law and implement it correctly.
Corporate governance content
Reports on executive pay are regularly in the news. We include subtopics on corporate governance, remuneration issues for financial services firms and a comparison of UK Corporate Governance remuneration principles.
Disguised remuneration
Get updated documents and a Practice Note examining common disguised remuneration scenarios in share schemes. There’s nothing like this elsewhere.
Key Share Incentives developments
Keeping up-to-date on developments naturally important. We produce a weekly Share Incentives highlights report and email it straight to subscribers' inboxes. It's also posted on our news carousel.
Topics We Cover
Our Share Incentives Experts
Nicky Griffin
Stephen Woodhouse
David Pett
William Franklin
David Cohen
Latest Share Incentives News
This week's edition of Share Incentives weekly highlights includes: (1) the approval of Sage Group PLC’s revised remuneration policy by its...
This week's edition of Share Incentives weekly highlights includes: (1) the Takeover Panel’s new guidance on the cancellation of admission to trading...
This week's edition of Share Incentives weekly highlights includes: (1) PLSA’s publication of its Stewardship and Voting guidelines for 2025, (2)...
This week's edition of Share Incentives weekly highlights includes a focus on executive pay....
This week's edition of Share Incentives weekly highlights includes: (1) ISS Governance publishing its 2025 Proxy Voting Guidelines for the UK and...
Latest Share Incentives Practice Notes
Brexit legislation trackerThis Practice Note tracks the progress of UK legislation introduced as part of the legislative project associated with the...
Shares for non-executive directors—issues and considerationsMeaning of ‘non-executive director’The general definition of ‘director’ is not exhaustive....
An introduction to corporate governance and share schemesThis Practice Note describes:•what corporate governance is•corporate governance for private...
Share options settled by an individual shareholderA share option is an enforceable right for an employee to acquire shares at a given price, subject...
2022–23—Spring Statement, Budget and Finance Bill—Tax analysis [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This...
Latest Share Incentives Precedents
Individual option holder power of attorney1by this power of attorney made on [insert date on which the appointor executes the power of attorney]I...
Board minutes—approving the adoption of an EMI scheme and the grant of EMI options[insert name of company adopting the EMI scheme] (Company)—[insert...
LTIP—option certificate[insert name of company who granted the option pursuant to the long term incentive plan (LTIP)] (Company)[insert name of LTIP]...
LTIP—contingent award certificate[insert name of company who granted the award pursuant to the long term incentive plan (LTIP)] (Company)[insert name...
LTIP—matched award certificate[insert name of company who granted the award pursuant to the long term incentive plan (LTIP)] (Company)[insert name of...
Latest Share Incentives Q&As
Featured Share Incentives content
How do I contact HMRC with a share schemes related query?
How do I contact HMRC with a share schemes related query?HMRC consists of specialist departments dealing with specific areas of employment related...
Malus and clawback
Malus and clawbackThe use of malus and clawbackThe concept of withholding or even recovering value from executives if a material adverse event occurs...
Tax implications of salary sacrifice
Tax implications of salary sacrificeCoronavirus (COVID-19): As part of a series of measures put in place to stop the spread of coronavirus (COVID-19),...
Corporation tax relief and employee share schemes
Corporation tax relief and employee share schemesCorporation tax deduction for costs incurred in setting up and operating employee share schemesCosts...
Underwater share options
Underwater share optionsWhat is an underwater share option?'Underwater option' is the term used to describe a share option (granted under any share...
What happens to restricted stock units or stock options that have vested during an employee's notice period (assuming the employee is still employed at the vesting date)?
Comparison of UK and US share incentive arrangements
Comparison of UK and US share incentive arrangementsCompanies in both the US and the UK have a long history of involving employees in equity...
Nil paid shares and partly paid shares—practical considerations
Nil paid shares and partly paid shares—practical considerationsWhat are nil paid shares and partly paid shares?When shares are issued, their...
Growth shares—practical examples and comparisons with options
Growth shares—practical examples and comparisons with optionsWhat are growth shares?Growth shares, also known as value shares or hurdle shares, are a...
What is a long-term incentive plan?
What is a long-term incentive plan?A long-term incentive plan (LTIP) is a term that is commonly used among listed companies to describe executive...
Unapproved share options—tax treatment
Unapproved share options—tax treatmentSpecific income tax rules (in sections 471–487 of the Income Tax (Earnings and Pensions) Act 2003 (Part 7,...
EMI—HMRC annual return
EMI—HMRC annual returnThis Practice Note details the following:•the EMI annual return form•the pre-registration and timing of completion of the annual...
Employee share schemes—dealing with leavers
Employee share schemes—dealing with leaversWhat are leavers?Departing individuals are known generically as ‘leavers’ but the reason behind the...
An introduction to deferred share bonus plans
An introduction to deferred share bonus plansDeferred share bonus: key elementsDeferred share bonus plans are typically constituted by the following...
Implementing share plans—ways to manage dilution of existing shareholders
Implementing share plans—ways to manage dilution of existing shareholdersWhat is share dilution?Share dilution happens when a company issues...
Notice of exercise of option
Notice of exercise of optionThe Company Secretary[insert date of letter][insert name of company who granted the option] (Company)[[insert address of...
Understanding US non-qualified deferred compensation arrangements and Internal Revenue Code Section 409A
Understanding US non-qualified deferred compensation arrangements and Internal Revenue Code Section 409ARelevance of non-qualified deferred...
What is a SIP?
What is a SIP?This Practice Note provides an introduction to the HMRC tax-advantaged share incentive plan (SIP). It provides a summary of:•the types...
Associated legal terms
Deferred share bonus plan
A deferred share bonus plan is an employee share incentive scheme where some/all of the employee’s bonus is paid in shares instead of cash, and payment of the shares is deferred for a specified period, during which the participant must remain employed in order to receive the shares.
EMI (Enterprise Management Incentives)
An enterprise management incentives scheme is specific Government backed discretionary employee option'>share option scheme which, if operated correctly, can be very tax advantageous.
The Investment Association Principles of Remuneration
The Principles set out members’ views on the role of shareholders and directors in relation to remuneration and the manner in which remuneration should be determined and structured.
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