Get a Unique Tax Reference for free with Earnr. Click to get started!

Share Incentive Plan (SIP)

Term

A way for companies to give shares tax-free to its employees.

If you keep the shares for more than 5 years, you won’t pay Income tax or national insurance on them. You won’t also pay CGT if they’re kept in the SIP, till you sell them.

Ways to get the shares under the share incentive plan:

Back to Taxionary

You might also like...

decorative image for a blog
January 4, 2021
Earnr

Welcome to earnr 👋

Our first post on our blog! We can't wait to show you what's next

Read more
decorative image for a blog
August 9, 2022
Self employed

How Earnr creates a steady income for Etsy sellers

Here’s how Earnr helps Etsy sellers organise their income and pay themselves a regular salary

Read more
decorative image for a blog
August 9, 2022
Self employed

How Etsy sellers are adapting to a post lockdown economy

As part of our interest in supporting Etsy sellers, we’ve been doing some digging into the current state of the Etsy world as lockdown becomes more and more a thing of the past.

Read more
Download earnr