UK employees invest record £520 million in Equiniti SIP shares in FY24/25

UK employees invested a record £520 million in Share Incentive Plan (SIP) partnership shares in the tax year 2024-25, according to Equiniti analysis. They also reinvested £150 million in dividends, bringing overall SIP investment to £1.21 billion. The UK's tax authority estimated £1.23 billion in Income Tax and National Insurance savings from tax-advantaged share plans during the year. ProShare survey data indicated that 68% of employees exercising Save As You Earn (SAYE) options retained all shares.