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Employee ownership, participation and governance
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ISBN: 0415204240 1138863963 9786612778001 1134629419 0203185978 1282778005 9780415204248 9781134629411 9780203185971 9781134629367 9781134629404 9781138863965 1134629400 9781282778009 6612778008 Year: 2001 Publisher: London New York Routledge

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Abstract

This volume is an examination of the origins, characteristics and performance of employee-owned firms. It focuses on firms that have converted to either partial or full employee ownership using recent institutional, fiscal and legal innovations. Based on five years of empirical research, this is a topical contribution to recent debates on the challenging nature of employment.


Book
Employment-related securities and unlisted companies
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ISBN: 9781910151518 1910151513 9781910151501 Publisher: London

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Abstract

Employment-Related Securities and Unlisted Companies is written with mainly private or unlisted companies in mind and explains in depth how the employment related securities ('ERS') rules in ITEPA 2003, Part 7 apply to employee share acquisitions generally, including:Securities as earningsRestricted or convertible securitiesSecurities acquired for less than market valueSecurities disposed of for more than their market valuePost-acquisition benefits connected with securitiesSecurities acquired under optionsThe book also explores employee share acquisitions through various means, the relevant capital gains tax rules and corporation tax relief for employee share acquisitions. Basic share valuation methodology is discussed and though PAYE and NICs do not apply generally to unlisted company shares/securities, they may apply where a market exists for the securities or on the occurrence of events related to ERS. Lastly, the compliance requirements with regard to online registration of schemes, annual returns, penalties etc, are also featured.

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