| Practice area: | Entrepreneurship & SMEs | Finance | Public Policy |
|---|---|
| Client: | HM Revenue & Customs |
| Published: | 5 June, 2023 |
| Keywords: | CSOP employee impact evaluation SAYE share scheme SIP tax-advantaged |
HMRC commissioned London Economics to conduct an evaluation of three tax-advantaged employee share schemes (TASS), which form part of the government’s non-structural tax reliefs. Specifically, HMRC were seeking a quantitative, qualitative and econometric analysis of Company Share Option Plan (CSOP), Save As You Earn (SAYE) and Share Incentive Plan (SIP).
CSOP, SAYE and SIP aim to align employer and employee interests by encouraging employees to own a stake in the success of the company they work for.
This report provides insights into:
- awareness and use of CSOP, SIP and SAYE
- companies’ reasons for opting in or not opting into one of the 3 share schemes
- the schemes’ impact on business and employment outcomes
- the schemes’ proportionality and appropriateness
The Full Report is available here.