Becky Rees

Parisi Tax LLP

Becky joined Parisi Tax as a partner in 2011 having had over 10 years' experience at a large national law firm. Her clients rely on her clear and straightforward approach to tax and they value her ability to give clear recommendations. Clients appreciate the fact that she works tirelessly to get them the right result. Chambers quotes clients as noting that she provides "exceptionally clear and pragmatic advice." She specialises in all tax aspects of M&A work including seller and buyer tax planning, advising on tax deed and warranties and advising on employment related securities. She advises on debt restructurings and other group reorganisations. She specialises in EIS and SEIS investments offering creative solutions to challenging problems. She has a wealth of experience in designing and implementing executive share incentive plans. Becky also advises on property transactions, including VAT and SDLT structuring, advice on development and acquisition structures and TOGCs.

Contributed to

1

Incentivising employees in private equity owned companies

Practice notes

This Practice Note looks at how employees can be incentivised using shares in private equity owned companies. It considers the relevance of the company being under the control of another company when determining what type of incentive scheme can be operated, as well as the associated tax implications. The Practice Note then considers the different types of share incentive structure which a private equity backed company might consider implementing, looking at enterprise management incentives (EMI) options, growth shares, partly paid shares, company share option plans (CSOPs), unapproved options and direct share subscriptions. It also looks as the relevance of business asset disposal relief (previously entrepreneurs' relief) and section 431 elections. Written in partnership with Becky Rees of Parisi Tax LLP.

Share Incentives