Revenue Approved Share Participation Scheme

spinmaster

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My employer (a foreign multinational) offers a Revenue Approved Share Participation Scheme, wherby I can buy shares are a preferential rate but must hold them for three years.

Are such Share Scheme still considered very tax efficient, and a better option than putting money into savings? I was reading some old posts on this but recent budgets appear to have made these schemes not as attractive as they once where.

[I am comfortable with the risk of the shares reducing in value. I pay income tax at the higher rate]
 
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