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Insane then, why did they not set up a proper scheme https://www.gov.uk/tax-employee-share-schemes https://www.gov.uk/tax-employee-share-schemes. Bit of a red
by walshemj 5y ago
Insane then, why did they not set up a proper scheme https://www.gov.uk/tax-employee-share-schemes https://www.gov.uk/tax-employee-share-schemes.
Bit of a red flag that the company is so badly run.
- gambiting 5y agoBecause while I work for a British company the shares are awarded by our French HQ, so unfortunately none of those share planes are available in this case. The company employs 50k+ people globally and only HQ awards shares. Also I'm not sure how much tax this would actually save - you can only get £3600 worth of shares tax free per year on the employee incentive plan(which seems closest to what I'm getting, flat number of shares after 4 years). That's a very....low amount.