HMRC has announced a further change to the rates of bonuses payable on SAYE share option schemes.
Five-year contracts attract a zero rate with effect from 23 September. The rates for three-year contracts were reduced to zero with effect from 12 August.
A table on the HMRC website sets out the rates that have applied since 1980. Once a savings contract has been entered into, it is not affected by a subsequent change in the rate.
HMRC has announced a further change to the rates of bonuses payable on SAYE share option schemes.
Five-year contracts attract a zero rate with effect from 23 September. The rates for three-year contracts were reduced to zero with effect from 12 August.
A table on the HMRC website sets out the rates that have applied since 1980. Once a savings contract has been entered into, it is not affected by a subsequent change in the rate.
