Am I entitled to participate in my employer's share ownership or share-save scheme, and under what terms?

Not unless this is something your employer has agreed to. Any share ownership scheme should be clearly spelled out in your written contract of employment as an express term.

Your employer must not breach equality laws (for example equal pay laws) when deciding who gets to participate in this kind of scheme.  

Where participation is this kind of scheme is available to full-time workers, it should also be offered to comparable part-time workers.

Schemes approved by HM Revenue and Customs give some tax advantages, but this is a complex matter. You should get further advice from your local tax office and from the GOV.UK website.

Note: This content is provided as general background information and should not be taken as legal advice or financial advice for your particular situation. Make sure to get individual advice on your case from your union, a source on our free help page or an independent financial advisor before taking any action.