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SIPS

SIPS (The Share Incentive Plans Software) is designed for the administration of the Inland Revenue approved Share Incentive Plans (the SIP), one of the most tax efficient of all employee share plans of any UK government.

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Why SIPS? Six Reasons Why You Need SIPS

  1. SIPS simplifies the administration of the Inland Revenue approved Share Incentive Plan (SIP) and enables you to take control in-house.
  2. SIPS automatically generates all documents such as agreements, certificates, dividend vouchers & other documents including the Inland Revenue annual SIP return.
  3. SIPS can allocate shares by reference to salary, length of service, hours worked etc. and can be used as a Management Tool to determine the basis of allocation that best suits you.
  4. SIPS can allocate shares on achievement of performance targets under Method 1 and Method 2 as permitted under the SIP.
  5. SIPS produces comprehensive reports for both management and participants. New reports can be created and/ existing ones customised to suit your requirements.
  6. SIPS comes with a comprehensive support package including training, updates and IT support.
For more information please contact us:
info@esp-software.co.uk.
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Page 1: Why SIPS? | Page 2: Outline | Page 3: Development

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