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We have capacity to assist with individuals or businesses accounting, tax and business advice.
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We have capacity to assist with individuals or businesses accounting, tax and business advice.
Learn More
We have capacity to assist with individuals or businesses accounting, tax and business advice.
Design the Best Share Incentive Plans for Your Employees!
0203 442 1900
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Employee retention is one of the best strategies for ensuring a high productivity, and brilliant performance. In that case, Share Incentive Plans (SIPs) play an essential part in ensuring that your company remains ahead of its competition.
However, the perfect strategies for SIPs often require an out-of-box approach. With the help of our accountants, you can ensure the perfect structure for your incentive plans, as well as design tax-efficient strategies which help your key stakeholders as well as employees.
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Wow! Oxbridge Accountants are a real genius in their fields. They have amazing insight and expertise throughout to help with any question relating to business start-ups, tax, VAT returns, bookkeeping and general accounting services. They go the extra mile. They offer a more strategic business growth support for success. They are first class! I recommend them highly.
Kevin at South London office was friendly and highly professional. He provided comprehensive information and advice that was understandable. I felt he had my best interest at heart and wanted to see my business grow. I find “anything about Tax” to be scary, but he was able to allay my fears. There was no pressure to buy his service. I have actually put my tax return in his hands. services.
Kevin at South London office was friendly and highly professional. He provided comprehensive information and advice that was understandable. I felt he had my best interest at heart and wanted to see my business grow. I find “anything about Tax” to be scary, but he was able to allay my fears. There was no pressure to buy his service. I have actually put my tax return in his hands.
Had our first consultation today with Bilal today and cannot recommend and thank him enough. We were struggling with our capital gains tax and other tax return and he sorted it immediately He helped us to submit a return under 24 hours, despite the messy record keeping. It was refreshing to have such professional advice along with such humanity. 
Verity Accountants and Business Advisors are focused on offering award-winning services in a timely manner. They pay great attention to details and ask very important question that helps for accurate reporting and money saving. I sincerely recommend Verity Accountants to anyone seeking first calss accountancy services.
Mark, A. Director – Mayfair Trading Services ***** We have received exceptional services and support for the past years from Verity Accountants Ltd for all our bookkeeping, tax and accounting matters. They are completely committed to our needs. They treat us as individual and as a partner. They bring a breath of fresh air into our business. I would highly recommend Verity Accountants Ltd to any business looking for their type of accounting services.
Verity Accountants and Business Advisors are focused on offering award-winning services in a timely manner. They pay great attention to details and ask very important question that helps for accurate reporting and money saving. I sincerely recommend Verity Accountants to anyone seeking first calss accountancy services.
Amber receives business and accountancy services from Verity Accountants including an all-round service, such as payroll, VAT returns and End of year accounting services. The fabulous services have removed a lot of administrative burden so we are now able to focus fully on developing our business.
SIPs can be a valuable way for employees to acquire shares in the company, and can also help to align the interests of employees with those of the company. However, it’s important to note that SIPs are subject to certain rules and regulations, and companies should seek professional advice to ensure that they are in compliance with these regulations.
In conclusion, Share Incentive Plans (SIP) are a way for companies to provide their employees with an opportunity to acquire shares in the company at a discounted price or at no cost. There are several types of SIPs, including free shares, matching shares, partnership shares, and Save As You Earn (SAYE) scheme, each with their own specific rules and regulations, and companies should seek professional advice to ensure that they are in compliance with these regulations.
How Share Incentive Plans Work
A Share Incentive Plan (SIP) is a way for companies to provide their employees with an opportunity to acquire shares in the company at a discounted price or at no cost. There are several types of SIPs, each with their own specific rules and regulations.
Free shares: Under this plan, employees are given shares in the company for free. These shares are usually subject to a vesting period, meaning that the employee must remain employed with the company for a certain period of time before they can keep the shares.
Matching shares: Under this plan, employees can purchase shares in the company at a discounted price, and the company will match a certain number of shares. For example, for every share that an employee purchases, the company may match with one additional share.
Partnership shares: Under this plan, employees can purchase shares in the company at a discounted price, and the company will match a certain number of shares. The shares are subject to certain restrictions, such as not being able to sell them for a certain period of time.
Save As You Earn (SAYE) scheme: This is a long-term savings plan that allows employees to save money on a regular basis, usually through payroll deduction. After a certain period of time, typically 3 years, the employee can use the savings to purchase shares in the company at a discounted price.
Why Do You Need Professional Assistance with Share Incentive Plans
There are several reasons why companies may need professional assistance with Share Incentive Plans (SIPs):
Compliance: SIPs are subject to certain rules and regulations, and it is important to ensure that the company is in compliance with these regulations. Failure to comply can result in fines or penalties, and can also damage the company’s reputation.
Complexity: SIPs can be complex and require a significant amount of documentation and administration. A professional advisor can help to ensure that all the necessary steps are taken and that the company is in compliance with all the regulations.
Tax Implications: SIPs can have tax implications, both for the company and the employees. A professional advisor can help to ensure that the company is taking advantage of all the tax benefits available and that the employees understand the tax implications of participating in the plan.
Customized solutions: Every company is unique and has different needs. A professional advisor can help to design a customized SIP that meets the specific needs of the company and its employees.
Ongoing support: A professional advisor can provide ongoing support and guidance to ensure that the SIP continues to be effective and is meeting the company’s objectives.
At Oxbridge Accountants Limited, our team of expert advisors can help you to design and implement a Share Incentive Plan (SIP) that meets the specific needs of your business. We will ensure that your SIP is compliant with all the regulations, take into consideration tax implications and provide ongoing support. We will work closely with you to create a plan that aligns the interests of your employees with those of the company and helps to attract and retain top talent. Contact us today to learn more about how we can help you with Share Incentive Plans.
Why Choose Us for Your Consultation/Management of Your Share Incentive Plans
Expertise: Our team of experts have years of experience in designing, implementing and managing Share Incentive Plans. They have the knowledge and skills to ensure that the plan is compliant with all regulations and takes into account tax implications.
Tailored solutions: We understand that every company is unique and has different needs. We will work with you to create a customized SIP that meets the specific needs of your company and its employees.
Time-saving: We will handle the process of designing, implementing and managing your SIP, saving you time and effort.
Increased accuracy: We will increase the accuracy of your SIP by providing you with real-time data and ensuring that all necessary steps are taken.
Improved compliance: We will ensure that your SIP is compliant with all regulations, reducing the risk of fines or penalties.
Better collaboration and access to data: Our team will provide you with access to SIP data and collaborate with you to ensure that the plan is meeting your objectives.
Customizable reports: We will provide you with detailed and customizable reports that will give you a comprehensive view of your SIP’s performance.
Ongoing support: We will provide ongoing support and guidance to ensure that your SIP continues to be effective and is meeting your company’s objectives.
At Oxbridge Accountants Limited, we pride ourselves on providing high-quality, efficient, and personalized services to our clients. We are committed to helping your business succeed and thrive. By choosing us for your consultation and management of Share Incentive Plans, you can rest assured that your plan will be in good hands and that it will meet the specific needs of your company. Contact us today to learn more about how we can help you with Share Incentive Plans.
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Contact us if you would like to know more about our services or to book your free telephone or video consultation.
