Author: Monica Ma (2000)

Monica Ma
(taken from Isssue No 12 -July 2000)

Introduction

It is the belief of the government that productivity can be improved by a higher level of employee share ownership. The government has stated that its target is to double the number of companies in the UK which have all employee share schemes. As one of the means to encourage employee share ownership, a new all employee share plan (the `Plan`) which is described by the government as `the most tax-advantaged all-employee share plan ever introduced in the UK` is to be introduced.