FAQ: Can I get shares under Share Incentive Plans and under another share scheme or plan?
Yes. There are other schemes or plans that give you tax advantages for holding shares in the company you work for. You may already have shares or rights to acquire shares through them.
They are:
• Save As You Earn (SAYE) share option schemes, and
• Company Share Option Plans.
You can take part in a SAYE share option scheme or a Company Share Option Plan at the same time as you take part in a Share Incentive Plan.
Source: Inland Revenue