Save As You Earn Options (SAYE)

The Finance Act 2013

The Finance Act 2013

Business expert Robert Postlethwaite looks at how 2013’s finance act will affect the employee share scheme in a short question and answer article,  addressing key issues such as Enterprise Management Incentive, Save As You Earn Options (SAYE) and the Company Share Option Plan (CSOP) in order to help small and medium business owners understand how their enterprise will be affected. Q: How has Enterprise Management Incentive (EMI) been improved? A: CGT entrepreneurs’ relief now applies to shares acquired through EMI options, with no minimum percentage shareholding. This means a 10% tax rate is now available where the shares acquired are sold more than 12 months after the EMI option was granted. In addition, the exercise period during which tax favourable treatment is preserved followin... »