SVM110010 – Tax Advantaged
Share Schemes: Introduction
There are four types of tax advantaged share scheme [TASS].
The three approved schemes are:
CSOP. Company Share Option Plans are approved
share option plans previously called discretionary or executive
SAYE. Save as You Earn schemes are approved
savings related share option schemes.
SIP. Share Incentive Plans are designed to be
operated as approved plans. They provide free shares, partnership
shares, matching shares and dividend shares.
There is one unapproved TASS
EMI. Enterprise Management Incentives are
unapproved share option schemes.