What is a CSOP?
Career: Csop
CSOP stands for Company Share Option Plan, which is a type of employee share scheme in the UK. It allows companies to grant share options to employees and directors up to a certain value, with potential tax advantages if specific conditions are met. CSOPs are used to incentivize staff and align their interests with the company's success. They have specific rules regarding eligibility, limits, and holding periods to qualify for favorable tax treatment.