Do you have an SAYE scheme? If so, you may have heard about the recent updates introduced by the HMRC that impact Capital Gains Tax (CGT) and Bonus Tax Rates – as well as the announcement of more changes coming in 2024. What does this mean for you and your participants? Some participants may receive CGT tax bills for the first time, while others may receive higher bills than before. Meanwhile, the change in Bonus Tax Rates may yield higher returns for some. In this episode, Darren Smith, Head of Business Development UK & Ireland for Global Shares, a J.P. Morgan company will be joined by Zoe Denny-Thomas, Senior Consultant & Equity Communications Practice Leader EMEA, for AON to talk through the specifics of the updates, their likely effects, and the importance of an effective communication plan to give your participants the information they may need. The topics discussed include: Specifics on the reduced CGT exemption limit and implications for share plan participantsThe possibilities around using ISAs to help shelter individuals from potentially higher CGT billsThe return of the bonus rate for SAYE plan participantsWhat the changes mean to Sharesave plans and SIPsHow companies can look to inform participants on these changesWhat effects, if any, the updates are likely to have on employee enthusiasm for share plan participation