- June 27, 2012
HMRC’s Consultation Document responding to the Office of Tax Simplification’s report on tax-advantaged share plans is a major disappointment. The only definite commitments are to abolish the approval process and to review the relevance of the CSOP. The Government has rejected the OTS’s proposal to reduce the period before SIP shares can be removed tax-free from 5 to 3 years.
- June 13, 2012
MM&K Manifest Executive Director Total Remuneration Survey – Press Articles.
- June 12, 2012
- May 22, 2012
EMI limit increased to £250,000 from 16th June. The Chancellor announced in the 21st March 2012 Budget that the individual limit to the value of shares subject to qualifying Enterprise Management Incentive (EMI) share options would be increased substantially from £120,000 to £250,000. Under a statutory instrument (SI 2012/1360) made on 22nd May, the new limit will come into effect on 16th June 2012: http://www.legislation.gov.uk/uksi/2012/1360/contents/made. Companies should note that an amendment to the EMI plan rules may be necessary before options in excess of the old £120,000 limit can be granted.
- May 20, 2012
Directors’ Remuneration Seminar ‘The High Pay Debate’ 12th June 2012. Click here for more information.
- May 5, 2012
Have top pay awards started creeping up again? The Manifest Executive Total Remuneration Report tells the story. Please click here for more information.
- May 1, 2012
Results of MM&K’s April 2012 Private Equity Remuneration Update Survey now available
- April 30, 2012
Oil & gas sector news – MM&K has produced an in-depth study of the linkages between strategy, key performance indicators, risk and incentive plan design in the UK oil & gas exploration and production sector. Click here to see the executive summary. A copy of the full study can be purchased for £500 from Emma Jarvis.
- April 27, 2012
Executive Pay – Shareholder Voting Rights Consultation – Read MM&K’s response to BIS here
- March 23, 2012
Budget 2012 – MM&K commentary – new 45% tax rate – EMI share options – Entrepreneurs’ Relief – deferring incentive rewards to benefit from the lower 45% income tax rate – proposed increase to EMI individual limit – proposed extension of capital gains tax Entrepreneurs’ Relief to Enterprise Management Incentive options . Click here for more information.