Providing a Management Incentive scheme can be an effective way for businesses to reward and retain staff by granting them share options in a tax-efficient way. It also allows the shareholders to retain control if the options are framed correctly.
If you would like to offer management a path to shares, Galibright® can help in creating a structure that works for you and them.
We can help with:
Ensuring the scheme meets the Management Incentive scheme requirements
Liaising on the valuation
Structuring the scheme appropriately
Profit Sharing Schemes
Galibright® can advise clients on incentivizing employees by awarding them a percentage of the company’s profits. Whilst this may not be the most tax-efficient way to reward your management, it is a viable alternative if you are not prepared to offer shares.
Growth Shares
Growth shares are a cost-effective and tax-efficient way to provide key members of the management team with access to shares whilst incentivizing them to grow the value of the business for their own personal benefit.
Galibright® can work with you to design a scheme which works for the current owners and the existing management team.