Services
Provision of SIP Software
Including maintenance and updates.
Training
A training program is available to those who are expected to use the software. A user guide will also be provided.
Support
Support Help Desk is available during office hours. There will also be an online facility for your further convenience.
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FAQ: When can I take my shares out of the plan?
You can take your partnership shares out of the plan at any time. But, if you take them out within three years of the award you may lose the matched shares that were awarded with them.
You cannot take free, matching or dividend shares out of the plan within the first three years.
Your employer can extend this period to up to five years for free and matching shares.
If you leave your employment, your shares must come out of the plan, whether the time limits have passed or not. Some employers will arrange for free and matching shares awarded to you to be forfeited if you leave within a period of up to three years after the award.
If you take your shares out of the plan within the first five years, you may have some tax and NICs to pay. There is a more detailed explanation of the tax charges and the time limits in the table below.
Source: Inland Revenue
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