CHANCELLOR Gordon Brown has revealed a tax boost to employee share options in his pre-budget speech. The move sees the introduction of three measures aimed at encouraging more employees to take a stake in the ownership of their company. Brown hopes the measures will boost productivity by increasing employee commitment to growth in the enterprises they work in. The first measure will help more employees benefit from the business assets rate of taper relief, from capital gains tax when they sell their shares. The second measure will expand Enterprise Management incentives so that smaller businesses can make more use of the benefits in a way best suited to their needs, and to help recruit a wider range of staff to help their company grow.. The third measure will address National Insurance liabilities on the growth in value of some employee share options that were granted to employees between April 1999 and May 2000. Legislation will be brought forward to allow companies to settle these liabilities instead of letting them continue to accrue.
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Nottingham Building Society – 2 Year Discounted Mortgage
Thursday, 9th November 2000.Discounted term: Two years.Discount: Up to 75 per cent of valuation 2.1 per cent, 76-90 per cent of valuation 1.9 per cent, 91-95 per cent of valuation 1.7 per cent.Payable rate: Up to 75 per cent of valuation 5.39 per cent, 76-90 per cent of valuation 5.59 per cent, 91-95 per cent […]
Now Tessa is 10
Tessas are approaching their 10th birthday and IFAs could play a vital role in helping avoid even more customer confusion.The first year of Isas has shown that investors do not understand the complex rules and being left to their own devices has left many in danger of losing out. So will the prospect of more […]
Treasury to light LTC 'beacons'
The Treasury could be recommending “beacon products” to guide long-term care insurance standards before the end of the month according to industry insiders.It is understood these products will provide an example or beacon to ins urers on what LTC products should feature. It is also likely they will form the basis for consultation over whether […]
E D F & Man has introduced an offshore capital guaranteed bond
E D F & Man has introduced an offshore capital guaranteed bond aimed at high-net worth clients looking for growth. Man-Glenwood nexus guaranteed is the first bond to invest in the Man-Glenwood portfolio, which came into being through ED & F Man's takeover of Glenwood3, an American investment adviser. The portfolio is made up of […]
Does volatility create opportunities?
Do macro headlines create white noise which impacts market prices? Portfolio Manager at Harris Associates, David Herro, discusses how market volatility can create opportunities to buy good business at a discount.
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Five minutes with…Helm Godfrey’s Danby Bloch
Ahead of his appearance at Money Marketing’s flagship conference, Money Marketing Interactive, this April, Helm Godfrey chairman Danby Bloch looks at getting graduates into advice and making adviser the ‘go-to gurus’ of finance What should we be doing to get more new advisers into the profession? There’s no quick fix, but there are lots of […]
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Mark Polson: Consensus on CIPs could be just about to crumble
The way centralised investment propositions run today is far from perfect. So where do we go from here? There should be a name for the rule of thumb that says, just as the retail financial services industry reaches some consensus that something should be done a certain way, it all starts falling apart. In fact, […]
What advisers can learn from new banking regulation
A look at the important take-aways from the senior manager regime’s previous implementation for those beginning their own preparations The forthcoming extension of the Senior Managers & Certification Regime represents the next major regulatory change that gets to the heart of a firm’s culture, governance and operational considerations. SM&CR implementation will not be a one-time […]