Tax

Tom Maguire: Playing for KEEPs gives SMEs some added skin in the game

The Key Employee Engagement Programme has the potential to become a real selling point for talent, but the stringent terms and conditions behind it need to change

The Key Employee Engagement Programme, or KEEP, is a share-option scheme designed to help small and medium-sized enterprises retain and reward staff tax-efficiently, and compete with larger firms in the war for talent

The Key Employee Engagement Programme (KEEP) is a share option scheme designed to help small and medium-sized enterprises (SMEs) retain and reward staff in a tax-efficient manner, and to assist them in competing with larger enterprises in the war for talent.

SMEs and scaling entities may not have the resources to compete easily with larger employers, so rewarding staff by giving them skin in the game means they get to benefit if the businesses they ...