Employee benefits

Our Corporate Tax team provides specialist consultancy advice and implements tax planning involving employee incentivisation through share option and other incentive plans.

We undertake both HMRC approved and unapproved share option plan work, including bespoke employee share plans for multinationals, as well as designing detailed share rights for key managers and employees which seek to maximise the benefits of CGT treatment for employees and managers.

Experience

International telecoms group
Co-ordinating all legal and tax advice for a publicly quoted telecoms company on the global roll-out of its share incentive plans which now operate in more than 50 countries worldwide, with over 15,000 participating. In a number of jurisdictions, our client was the first multinational company to offer local participation. The exercise involved drafting master plan documentation (for approval at the AGM) and agreeing with the local advisers bespoke provisions for each of the jurisdictions. We reported on tax, securities and employment law issues in each of the jurisdictions concerned.

Business services organisation
Advising on a worldwide share incentives programme for 1800 employees across 20 jurisdictions.

Media services group
Advising a privately owned media services group on the introduction of a bespoke and innovative share incentive scheme for senior employees.