A book such as this has been needed since the current rules on UK employment-related securities were introduced in the Finance Act 2003. Other works deal with tax-advantaged share and share option schemes, but such schemes are typically of interest to the larger company. This book is written with unlisted, mainly private companies in mind and so, with one exception, deals with employee share acquisitions, which do not benefit from any special tax advantages. The exception is the Enterprise Management Incentives (EMI) share option scheme, which is mainly for unlisted companies and, therefore,...