Share Incentive Plan (SIP) Questions

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Hello all!

I'm in the really lucky position to work for two publicly traded (p.l.c) firms, both of which offer generous Share Incentive Plans (SIPs), and both I can contribute up-to £150 per month.

Just checking, and apologies if this is the wrong forum, but the £150 limit, is this a HMRC applied limit (so I wouldn't be able to pay £150 into each), or is this a firm/scheme applied limit?

I already contribute to ShareSave, but with SIP(s), I believe this is before Tax and NI, so a significant saving, provided I'm willing to wait five years :)

Thanks all for your help.
Thank you all for helping me make my day by saving money!

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