by Andreyev Lawyers | 35 - 334, 35 - Manage and incentivise your team (employment law), Entrepreneurs
A Sweat Equity Agreement is an agreement between a business and someone providing services, whereby the service provider agrees to take equity in the business, rather than cash. Sounds simple? The devil is in the detail…
by Andreyev Lawyers | 35 - 334, 35 - Manage and incentivise your team (employment law)
What is the ESS ‘start-up’ concession and how do employees qualify for it? If you are receiving shares or share options from your employer, you need to know how and when they will be taxed. This article covers when an employee is eligible for the ESS ‘start-up’ concession to reduce the tax they must pay.
by Andreyev Lawyers | 35 - 334, 35 - Manage and incentivise your team (employment law)
When setting up an ‘employee share scheme’ (ESS), employers often grapple with the tax implications of issuing ESS interests. However, these concerns only arise if there is a ‘discount’ at the time the ESS interest is granted. Working out if there is a discount, and what the extent of the discount is, are therefore two critical threshold questions.
by Andreyev Lawyers | 35 - 334, 35 - Manage and incentivise your team (employment law)
How do you qualify to defer any tax otherwise payable on shares and options acquired under an employee share scheme? When does the deferral come to an end?