Published on Finance Division (https://www.finance.admin.cam.ac.uk)

Home > Policy & Procedures > Financial Procedures > Chapter 5b - Expenses and benefits > Benefits > Equity scheme

Equity scheme

Policy

To alleviate some of the problems experienced by academic and academic related appointments when relocating to Cambridge for the first time, the University has introduced a scheme where subject to certain conditions; it would make a contribution towards the capital cost of purchasing a property.


Procedure

Details of the scheme are available from the Director of HR.


Tax implications

This is classed as a taxable benefit as the University holds a share of the equity in the property and is effectively providing accommodation to the employee. Please contact Head of Payroll.


Source URL: https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-5b-expenses-benefits/benefits/equity-scheme