Guidance

Save As You Earn (SAYE) bonus rates automatic mechanism

SAYE bonus rates are adjusted automatically by linking them to the 3 and 5 year market swap rates.

Documents

Save As You Earn (SAYE) bonus rates automatic mechanism

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Details

HMRC are undertaking a review to consider options to simplify the SAYE Bonus Rate Mechanism. The bonus and interest rates are being held at 0% with effect from 30 June 2022 while this review is being undertaken.

Check Employment Related Securities Bulletin 43 (June 2022) for more information.

Published 30 October 2014
Last updated 16 June 2022 + show all updates
  1. HMRC are undertaking a review to consider options to simplify the SAYE Bonus Rate Mechanism. The bonus and interest rates are being held at 0% with effect from 30 June 2022 while this review is being undertaken.

  2. First published.