Employee Ownership
In July 2012 the Government's independent adviser on Employee Ownership produced a report: 'Sharing success: the Nuttall Review of Employee Ownership'. As a result the Department for Business, Innovation and Skills (BIS) is leading the Government's response to the report.
Implementation of some of the recommendations requires guidance on tax issues. That guidance will be published on a separate page on the HMRC website. Progress made by BIS is outlined at: BIS Employee Ownership Home.
The page has now been updated and guidance is currently provided in relation to employee shares trusts and company purchase of own shares from employees.