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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 [...]Continue Reading →
On March 21 2012 By ESOP Centre
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.
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