Updated 2007
Savings-related Share Option Schemes
| Tax year | Minimum contract Length | Monthly amount which can be saved |
|---|---|---|
| 2007-8 | 3 yrs | £5-250 |
| 2006-7 | 3 yrs | £5-250 |
| 2005-6 | 3 yrs | £5-250 |
| 2004-5 | 3 yrs | £5-250 |
| 2003-4 | 3 yrs | £5-250 |
| 2002-3 | 3 yrs | £5-250 |
| 2001-2 | 3 yrs | £5-250 |
Executive Share Options: up to £30,000 granted tax free; not taxable at all if granted before 17/7/95.
A new "All Employees" share option scheme was introduced from April 2000.