SAYE and SIP scheme limits set to increase
Share incentive plans (SIPs) and save-as-you-earn (SAYEs) schemes will see higher limits from 6 April.
The maximum value of free shares that can be awarded in a SIP will rise from £3,000 to £3,600 a tax year, while partnership shares will be capped at £1,800 (from £1,500), subject to the figure being no more than 10% of an employee’s annual salary.
The maximum …
Read more here: Taxation