Guest blog post by Catherine Gannon, managing partner at Centre members Gannons

 

EMI options have just been made even more tax attractive.  Since their introduction over 10 years ago EMI options have conferred tax savings on employees and employers but savings for employees are now increased – news just released.  In a [...]

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The ESOP Centre welcomed the news that the individual grant limit for Enterprise Management Incentives (EMI) will more than double from £120,000 to £250,000. The measure was announced today by Chancellor of the Exchequer George Osborne as part of the  Continue Reading

Centre workshop sends UK message to Europe

Small and medium sized enterprises (SMEs) all over Europe can look forward to a boost from the European Union if they wish to install employee share ownership schemes, chairman Malcolm Hurlston told a Centre workshop in London.

Organised at the request of the European Economic & Social Committee project: ‘Promoting EFP in the EU 27,’ the workshop was hosted by Centre member Travers Smith at its London HQ near Smithfield.

 

More than 40 representatives from SMEs, employee equity advisers, academics, trade unions and the media heard Mr Hurlston praise the EESC initiative, aimed at stepping up pressure on the EU Commission and Council of Ministers to beat the drum more loudly for Eso, especially in the SME sector.

One outcome could be an EU Directive ordering member states to offer better incentives to companies to get them to introduce and/or expand employee share ownership within their businesses, delegates heard from the EESC project co-ordinator.

Another is that the Centre will be invited to present evidence on how to advance the Eso cause to a parliamentary select committee, just as soon as it can push the subject onto its agenda, an MP said.

Esop members only

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