Save As You Earn (SAYE) employee share option schemes

27 February 2014

From 6 April 2014 the maximum total amount of a person’s monthly contributions under certified SAYE savings arrangements, is to increase from £250 to £500.

This Order Statutory Instrument: SI 2014/402 amends paragraph 25(3)(a) of Schedule 3 to the Income Tax (Earnings and Pensions) Act 2003 to increase the maximum aggregate amount of a person’s monthly contributions under certified SAYE savings arrangements linked to SAYE option schemes from £250 to £500 with effect from 6th April 2014.