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Employee Share Plans

Richard Rolls and Alison Hughes of KPMG LLP look at how Finance Act 2008 — in particular, the new remittance rules — will affect share incentives for internationally mobile employees

 
Richard Rolls and Alison Hughes of KPMG LLP look at how Finance Act 2008 — in particular the new remittance rules — will affect share incentives for internationally mobile employees
 
This article outlines some of the changes in Finance Act 2008 (FA 2008) Sch 7 for share incentives for internationally mobile employees in particular the new statutory rules on remittance. Part 1 of this article provides an overview. Part 2 to be published next week looks at some of the practical implications in more detail.
 
There are two main changes. First various charging provisions have...

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