UK Startup Payroll

UK Employee Share Schemes: £3K/Employee Tax Relief (Most Startups Miss It)

Startup grants employee £3K in shares. Employee pays no income tax (vs. £600 tax if paid as bonus). Company saves NIC on the amount (12% × £3K = £360). Total saving: £960 per employee per year. 10-person team = £9,600 annual tax savings.