Esop Centre launches ‘Save our Csop’ survey

The Employee Share Ownership Centre (Esop Centre) has published a survey to encourage employers to speak out against the abolishment of company share option plans (Csops).

A Csop is an HM Revenue and Customs (HMRC)-approved plan that provides an employee with an opportunity to acquire shares in their employer.

The survey follows the Office of Tax Simplification (OTS) review of tax-approved share schemes and HMRC’s consultation on the future of the Csop, which implied that it could be abolished.

Malcolm Hurlston, chairman of the Esop Centre, said: “Csop is the single share plan relevant to part-timers and the low paid.

“It is a bridge to a less divisive society and needs ministers to shout its virtues from the rooftops.”

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Read more about company share option plans (Csops)

Fill out the ‘Save our Csop’ survey through the Employee Benefits LinkedIn Group