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.
Former solicitor 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
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