内容

目次

Section One: Why Employee Share Schemes? 1. The Purpose of Employee Share Schemes 2. The Concept of a Tax-Advantaged Scheme 3. The Business Case for Employee Share Schemes 4. The Empirical Evidence for Employee Share Schemes (Expanded Version) 5. UK Government Consultation Since 2010 6. Employee Share Scheme Case Studies (Expanded Version) Section Two: Current Issues in Employee Share Schemes 7. The Process of Scheme Design 8. Underwater Options and Share Price Volatility 9. Coping with a Downturn in the Share Price 10. Progressive Communication Strategies (Possible Exclusion) Section Three: The Government-Tax-Advantaged Schemes 11. The Tax-Advantaged Savings-Related Share Option Scheme 12. The Tax-Advantaged Executive/Company Share Option Scheme 13. The Tax Advantaged Share Incentive Plan 14. The Enterprise Management Incentives Scheme 15. The Shares for Rights Scheme 16. The Employee Share Ownership Trust 17. The Review of Finance Acts from 2003 to 2015 for Key Statutory Changes Section Four: The Traditional Tax-Unapproved Arrangements 18. The non-tax advantaged Share Option Scheme 19. The Phantom Share Option Scheme 20. The Long-Term Incentive Plan (Expanded Version) 21. Joint Share Ownership Plan 22. Share Purchase Scheme: The South Africa Model 23. Case Law Review Since 2010 Section Five: Employee Share Trusts 24. The Origins of the Employee Share Trust 25. The Operation of the Employee Share Trust 26. The Employer's Responsibilities in Operating Employee Share Trusts 27. The Checklist for an Employee Share Trust 28. The Employee Share Trust for Management Buy-Outs (Full Update) 29. The Tax Issues for Employee Share Trusts established by Close Companies 30. The Diagrammatical Representation of Key Trust Principles 31. The Disguised Remuneration Rules Section Six: The Statutory and Regulatory Framework 32. Securities Law (Full Update) 33. Financial Services Law (Full Update) 34. Model Code and Insider Dealing (Full Update) 35. Employment Law 36. Age Discrimination and the Equality Act 2010 (Full Update) 37. Share Schemes for Non-Employees 38. Enterprise Investment Scheme 39. Annual Report Disclosure Requirements (Full Update) 40. Directors Remuneration Reporting Rules 41. Institutional Investor Guidelines including Historical Development to IA 42. The European Prospective Directive 43. The Accounting Rules (Full Update) 44. Treasury Shares (Full Update) 45. Transfer Pricing and Recharge Arrangements (Full Update) 46. Transactions in Securities Section Seven: Mainline Tax Provisions 47. Pay As You Earn and National Insurance Contributions 48. Corporation Tax Relief, including Deferred Tax Credits 49. Capital Gains Tax Implications for Employee Share Schemes 50. Specific Study of Entrepreneurs Relief 51. Purchase of Own Shares 52. Concerns for Close Companies including Loans to Participators 53. Substantial Shareholder Relief 54. Share Valuation for Employee Share Scheme Purposes Section Eight: The Interpretation of Part 7, ITEPA 2003 55. The Development of the Tax Legislation 56. Employment-Related Securities: Finance Act 2003 (Full Update) 57. Restricted Securities: Chapter 2 (Full Update) 58. Convertible Securities: Chapter 3 59. Securities with Artificially Depressed Market Value: Chapter 3A 60. Securities with Artificially Enhanced Market Value: Chapter 3B 61. Securities Acquired for less than Market Value and Notional Loans: Chapter 3C 62. Securities Disposed of for more than Market Value: Chapter 3D 63. Post-Acquisition Benefits from Securities: Chapter 4 64. Alphabet Shares 65. Shares in Research Institution Spin-Out Companies: Chapter 4A 66. Earn-Outs (Full Update) 67. Convertible Securities: Chapter 3 68. Share Loan Schemes 69. Subsidiary Company Share Schemes 70. Growth Shares (Full Update) 71. Flowering Shares 72. Ratchet Arrangements 73. Tracker Shares 74. The Reporting of Employment-Related Securities Section Nine: The Overseas Implications 75. Overseas Scheme Arrangements for Overseas Employees 76. Overseas Implications for U.K.-Interfacing Employees 77. Internationally Mobile Employees 78. Tax-Advantaged Employee Share Schemes in the U.S.A. 79. Silicon Valley Type Share Ownership 80. Overview of World Share Scheme Developments Appendices Appendix 1: Enterprise Management Incentives Appendix 2: Restricted Securities Joint Elections Appendix 3: British Venture Capital Association Memorandum of Understanding