The Dangers of Out-Of-Date ESOPs
Employee equity can be a powerful part of your remuneration strategy. But once a plan is in place, it’s easy for compliance to slip as the business grows and circumstances change. Many businesses tend to set and forget their plan rules and do not review them regularly. An out of date employee share option plan (ESOP) could become a laden tax trap for your employees. It could also cause a reporting nightmare for the business as you fail to continue to monitor the tax treatment of options/shares issued under plan, […]