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Taxopedia  ›  S  ›  Save As You Earn (SAYE)
S · Glossary

Save As You Earn (SAYE)

Tax-advantaged employee share plan — save monthly, buy company shares at discount.

Save As You Earn (SAYE) is a tax-advantaged share plan letting employees save up to £500/month over 3 or 5 years to buy company shares at a 20% discount fixed at start. No income tax or NI on the discount; CGT only on disposal.

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