Welcome to the third in our series of seasonal updates on issues relating to employee compensation and benefits.
With the publication of the draft Finance Bill, the UK Government has finalised the changes that it wants to make to simplify and harmonise the range of tax-advantaged plans that can be used to provide shares to executives and employees.
Most of these changes will take effect in the summer of 2013. Plan rules may need to be amended to ensure that all the changes are taken into account. Further details of the changes are set out in our briefing, which can be accessed here online.