Subjects:

Company Law, Employment Law

Contents:

Introduction

Recruiting a New Executive

Designing and Implementing New Reward Plan for Senior Executives

Designing and Implementing New Employee Reward Plan

Terminating a Senior Executive

Pension Schemes

Employee Investment in Employer Securities

Taxation of Securities Options

Alternatives to Pensions

Employee Trusts: Uses and Tax Treatment

Employment-Related Securities: Tax Charges on Acquisition

Employment-Related Securities: Post-Acquisition Tax Charges

Corporate Transactions: Effect on Reward Plans

Structuring Management Equity Plans in Venture Capital Transactions

Overview of Share Valuation for ITEPA 2003

Employment-Related Loans

Employee Controlled Companies

Corporation Tax Relief

Accounting Treatment

Flowcharts and checklists

Glossary of Terms and Concordance

Table of authorities

Index

This book covers the broad spectrum of employee reward structures, from the tax-efficient structuring of a termination payment to the complex anti-avoidance rules aimed at share-based remuneration. It provides guidance on the more common salary and benefit arrangements, as well as dealing with areas where unexpected tax charges can arise, particularly in the field of share options and other equity incentives.

The law in many of the areas covered by the book is in a state of almost constant change, and the second edition of the book has been updated to reflect developments in the last year, such as the introduction of new rules in the field of employment-related securities to counter income tax and NICs avoidance, and a whole new pensions tax regime. Checklists, flowcharts and a comprehensive glossary make this an invaluable aid for any practitioner.

The book is also available in CD-Rom format, which provides easy-to use access to the relevant section of the text in which any defined term appears.