Employee shareholders from 1 September 2013

By Katy Meves

From 1 September it will be possible for companies to engage staff as employee shareholders, a new type of employment status with tax benefits.

Controversial legislation comes into force on 1 September that introduces the new employment status of ‘employee shareholder’. The government was forced to make several late changes to its proposals earlier this year in order to ensure the relevant provisions of the Growth and Infrastructure Act 2013 passed the parliamentary process.

An employee shareholder may be recruited on that basis or may be an existing employee who agrees to change status…

If you are registered and logged in to the site, click on the link below to read the rest of the Shoosmiths briefing. If not, please register or sign in with your details below.

Briefings from Shoosmiths

View more briefings from Shoosmiths

Analysis from The Lawyer

  • Hester: declined bonus worth almost £1m

    Pay checks

    Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future

  • high street 150

    Focus: Alternative business structures - Law and new order

    There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…


2 Colmore Square
38 Colmore Circus Queensway
B4 6BJ

Turnover (£m): 87.00
No. of Lawyers: 373