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August 2013

Employee share ownership

During 2012 there has been unprecedented political interest in employee ownership.

The new employee owner contract is introduced from 1st September 2013. This allows employees to be given shares of between £2,000 and £50,000 in exchange for exemption of certain employment law protection.

In July 2013 the Treasury launched a consultation on £50million worth of tax breaks for employee owned companies.

If you would like to know more about employee ownership, please don’t hesitate in contacting us on either 02476 518 555 or 0121 711 2468.