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HMRC announces changes to SAYE share option scheme bonus rates

The bonus rates that apply to Save As You Earn share option schemes have been changed, HM Revenue and Customs (HMRC) has said.

The move is designed to align the rates with recent shifts in interest rates.

They last underwent a change in September 2010.The new rates apply as from 27 February 2011.

More details can be found at http://www.hmrc.gov.uk/shareschemes/saye-change-bonus.htm