SAYE share option schemes: Autumn 2017 Budget change

Uncategorized 1 Minute

The Chancellor has announced a small change to the terms of SAYE savings contracts linked to savings-related share options.

Employees on maternity and parental leave will, from 6 April 2018, be able to take up to a 12 month pause from saving into their SAYE savings contracts. The current time limit for taking such a ‘savings holiday’ is 6 months.

Unknown's avatar

Published by davidpetttax

David Pett A barrister valued for his strong advice to taxpayers on employment and corporate tax related issues. He is particularly respected for his deep knowledge of employee share schemes. Strengths: "Clear, clever, very commercial and highly responsive." "He really knows employment tax inside out." David Pett is a specialist counsel and member of Temple Tax Chambers, advising on tax, remuneration and employee share schemes. - Chambers Review

Published

Leave a comment