Company share schemes are a popular way for employees to buy shares in the businesses they work for and receive tax advantages at the same time. According to ProShare, which promotes employee share ownership in the UK, roughly 2m people own shares using these schemes.
There are four main types of company share scheme: Share Incentive Plans (SIPs), Company Share Option Plans, Enterprise Management Incentives (EMIs) and Save As You Earn (SAYE).
Save As You Earn