Company-funded advice required for employee shareholder agreements

Approval of the introduction of the employee shareholder status has finally been given by Parliament, but only after a number of amendments to the relevant legislation were agreed by the government. Under government proposals, employee shareholders can receive between £2,000 and £50,000 worth of shares in their employer company (or a parent of their employer company), which will be exempt from capital gains tax. In exchange, the employee shareholder agrees to give up certain statutory employment rights, including the right to bring most types of unfair-dismissal claims and the right to a statutory redundancy payment.

Click on the link above to download the briefing from Olswang.

Analysis from The Lawyer

  • Simon Callander

    Keeping in step with regulation

    The culture of compliance that pervaded regulation in the past is giving way to a fresh principles-based approach 

  • head1

    LPOver and out?

    The trend for unbundling legal work is advancing through the law firm ranks but there is still resistance in some quarters - namely in-house. We asked why

View more analysis from The Lawyer


90 High Holborn

Turnover (£m): 111.30
No. of Lawyers: 322