Share Incentive Plan (SIP) Questions

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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