Savings institutions qualifying for SAYE

Feb 01, 2021

Chapter 12 of the Share Schemes Manual, relating to Save as you Earn Schemes (SAYE) has been updated to include Barclays Bank UK PLC and Yorkshire Building Society as qualifying savings institutions. Financial institutions prescribed by the Minister for Finance are a “qualifying savings institution” for the purpose of SAYE schemes.

Statutory Instrument No. 357 of 2020 prescribed Barclays Bank UK PLC and Yorkshire Building Society as qualifying savings institutions.

See eBrief No. 013/21 for further details.