Share in our future and build yours too! ShareBuild is an easy, flexible way to own part of Kingfisher, becoming a shareholder.
Join ShareBuild and…
- Buy Kingfisher shares from your salary before tax
- Watch your pot of shares grow
- Change how much you put in — or stop and restart — at any time
- Sell your shares whenever you want
- Enjoy a share of any profits Kingfisher may pay as extra 'dividend' shares
…you're in control!
How ShareBuild works
Join…
Contribute…
Buy…
Receive…
Sell…
* You'll need to hang onto any extra dividend shares you receive for three years before you can sell them. If you sell the shares you purchase before holding them for 5 years, you may need to pay tax on them — there's more information about tax in our FAQs.
Key benefits
Own a share in any future sucess
Owning shares in Kingfisher means owning a part in our future success. If our share price increases over time, the value of your shares will, too! But remember that share prices can fall as well as rise.
Don't pay tax on the shares you buy
Your ShareBuild contributions come from your gross salary — before income tax and National Insurance Contributions (NICs) are taken. This means you don't pay tax on your contribution.
Plus, if you keep hold of your shares for at least 5 years before you sell them, you won't need to pay any income tax or NICs when you sell them, either.
Enjoy the perks of being a shareholder
As soon as you buy a Kingfisher share, you're a Kingfisher shareholder — and this means enjoying some great benefits!
- You get a share of our profits — known as dividends — whenever we pay these to our shareholders. You'll get yours as extra 'dividend' shares.
- You can have your say on important company matters, such as company policy and key decisions as to how it's governed, by voting at our General Meetings.
Watch our video for more about the benefits of being a Kingfisher shareholder.
FAQ & Glossary
You're in control, so you decide! You can contribute any amount between £10 and £150 every month. Just a couple of things to consider:
- It must be in whole pounds. So you can invest £12 or £13, but not £12.20.
- It can't be more than 10% of your salary before tax.
The shares you buy are formally known as 'Partnership Shares' — you may see this term in some of our ShareBuild communications. They're yours to sell whenever you want, but to keep them tax-free you'll need to hold onto them for 5 years before you sell them.
As a shareholder, you'll also get your share of any profits Kingfisher may pay as extra 'dividend' shares along the journey. You'll need to hang onto these extra dividend shares for three years before you can sell them.
You make your contributions from your gross salary (before tax). This means joining ShareBuild may be cheaper than you think! Some of your contributions may be offset by money that would otherwise have been taken in income tax and NICs. Find out what that could mean for you.
If you sell your Partnership Shares within 5 years of buying them, you may need to pay income tax and NICs at that point, depending on your personal circumstances. But from 5 years onwards, you can sell your shares tax-free.
Want to know more? See the 'Benefits and tax efficiency' section of the FAQ.
You can join if you:
- Work directly for a company in the Kingfisher group, including B&Q and Screwfix
- Have been with Kingfisher for at least three months
- Pay UK income tax.
ShareBuild is always open, so you can join at any time. Your first contributions will be taken from the next salary, as long as you've joined before the [9th] of the month. If you join later, you'll have to wait until the following month.
You can join via EquatePlus, our share plan platform. It's run by Computershare, our share plan partner.
Join from your desktop
- Go to www.EquatePlus.com
- Log in (you'll need to change your password the first time)
- From the overview page, scroll to “Your Tasks”
- Follow the onscreen prompts.
Join through the mobile app
- Download the EquateMobile app
- Log in
- Click on “Tasks”
- Follow the onscreen prompts.
Once you've been with us for 3 months, you'll get an email from Computershare. This is your invitation to join ShareBuild, and includes your User ID.
If you've lost your login details, simply call the Computershare helpline — 0808 234 3577
You don't need to do anything! Your contribution is taken directly from your salary every month, and we use it to buy your shares for you. Any money that doesn't buy you a whole share rolls over to the next month.
No, Kingfisher pays all your share purchase costs for you — including admin costs, brokers' commission and stamp duty.
You can see how your shares are doing at any time by logging into EquatePlus. There, you'll see how many shares you own, and how much longer you need to keep them before they become tax-free.
Yes — with ShareBuild, you're in control. You can change your monthly contributions, pause for a while, or stop contributing altogether at any time. Go to EquatePlus to make the change, where you can also see the cut-off date, so you know if the changes will apply to the next contribution, or the one after.
Sometimes, Kingfisher pays dividends to our shareholders — generally in June and November. This is a share of the company's profits.
As a Kingfisher shareholder, you'll receive dividends on your ShareBuild shares. They'll be used to buy you further shares, known as Dividend Shares — which you'll also get dividends on. If you don't get enough dividends to buy a whole Dividend Share, that money will be carried forward to the next dividend payment.
You can still contribute to ShareBuild if you're on parental, sick or other long-term leave. Keep in mind, though, that you can't contribute more than 10% of your monthly salary — so if your salary reduces, your contributions may need to reduce too.
Please see our Leavers page for more information.
As long as your new role is UK-based, you can stay in ShareBuild. If you're no longer UK-based, you can keep the shares you've bought so far, but you won't be able to buy any more.
Your shares are looked after by Computershare Trustees Limited — an independent expert in share plans administration. They keep all our colleagues' ShareBuild shares in a secure online account.
You can sell the shares you buy at any time. Just be aware that you may need to pay tax depending on when you sell them. See the 'Benefits and tax efficiency' section of the FAQ for more details.
If you get any dividend shares, you can only sell them after 3 years. There are different rules if you leave Kingfisher.
There's nothing to pay upfront, but a small fee — called a broker's commission — is taken from your sale. How much you pay will be determined when the shares are sold, but it will be at least £20 and no more than 0.35% of the value of your sale.
You may need to pay income tax and NICs if you sell shares less than 5 years after you buy them. It might also have an impact on your student loan repayments. You can find more information in the 'Benefits and tax efficiency' section of the FAQ.
You can sell your shares via EquatePlus.
No — if you leave Kingfisher, you'll need to leave ShareBuild.
Please see our Leavers page for more information.
If you leave Kingfisher for any reason, you won't be able to pay into ShareBuild anymore. You'll get back any ShareBuild payments which haven't yet been used to buy shares, but you'll have to pay income tax and National Insurance on the refund.
You will still own your shares, but they will have to be taken out of the ShareBuild Trust. You will have 30 days from receipt of your leaver communication to submit your chosen instruction. If you do not provide an instruction within 30 days, the Trustee will automatically sell enough shares to cover any costs or liabilities and transfer the remaining shares into the ShareStore nominee service. The shares will be available for you on EquatePlus showing in the ShareStore. You can then place an instruction at any time through EquatePlus to transfer your shares to your own personal share dealing account.
Please see our Leavers page for more information.
You may have to pay income tax and NICs on the shares you have in ShareBuild.
You'll have to pay income tax and NICs on Partnership Shares you've had less than 5 years. Any Partnership Shares you've have more than 5 years will be tax free.
| Reason for Leaving | Partnership Shares | Dividend Shares |
|---|---|---|
|
No income tax or NICs to pay. | No income tax or NICs to pay. |
| Other reasons: Within 3 years of purchase date | You must pay income tax and NICs on the market value of your Partnership Shares when your employment ends. | Income tax is charged at your appropriate rate on the amount of the cash dividend originally used to acquire the dividend shares, subject to the annual dividend allowance. No income tax will be payable on the release of the dividend shares if your total dividend income for the relevant tax year is within the dividend allowance. This should be declared through self-assessment. |
| Other reasons: At least 3 but less than 5 years from purchase date | You must pay income tax and NICs on the lower of either the amount you paid for the shares when purchased, or the market value of the shares when they leave the SIP. | No income tax or NICs to pay. |
| 5 years or more from purchase date | No income tax or NICs to pay. | No income tax or NICs to pay. |
In some circumstances, you won't need to pay income tax or NICs, even if you've had the shares less than five years. This happens if you leave Kingfisher because of:
- Injury or disability
- Redundancy
- Your employing company leaving the Kingfisher group
- Retirement
- Death in service
Please see our Leavers page for more information.
Yes — ShareBuild is a tax-advantaged share plan, approved by His Majesty's Revenue & Customs (HMRC). ShareBuild is our branded name for what is commonly known as a Share Incentive Plan (SIP).
Your ShareBuild payments come from your gross pay — that's your pay before income tax and NICs. This means you're likely to pay less tax overall. You can see how you might save on monthly income tax and NICs savings in the table below.
| Basic rate tax payer (20% & 10% NICs) | Higher rate tax payer (40% & 2% NICs) | Additional rate tax payer (45% & 2% NICs) | ||||
|---|---|---|---|---|---|---|
| Monthly amount used to buy shares | How much it actually costs | Effective saving | How much it actually costs | Effective saving | How much it actually costs | Effective saving |
| £10 | £7.00 | £3.00 | £5.80 | £4.20 | £5.30 | £4.70 |
| £25 | £17.50 | £7.50 | £14.50 | £10.50 | £13.25 | £11.75 |
| £50 | £35.00 | £15.00 | £29.00 | £21.00 | £26.50 | £23.50 |
| £75 | £52.50 | £22.50 | £43.50 | £31.50 | £39.75 | £35.25 |
| £100 | £70.00 | £30.00 | £58.00 | £42.00 | £53.00 | £47.00 |
| £125 | £87.50 | £37.50 | £72.50 | £52.50 | £66.25 | £58.75 |
| £150 | £105.00 | £45.00 | £87.00 | £63.00 | £79.50 | £70.50 |
It depends on when you sell them.
If you sell your Partnership Shares less than 5 years after buying them, you may have to pay some income tax and NICs. But if you keep the shares for 5 years or more before you sell them, they become tax-free.
This table explains what you'll need to pay and when.
| When you get the shares | If you sell them within three years | If you sell them after three years but before five years | If you sell them after five years | |
|---|---|---|---|---|
| Partnership Shares | You don't pay income tax or NICs on the money you use to buy shares. | You pay income tax and NICs on the market value of the shares at the time you take them out of ShareBuild. | You pay income tax and NICs on the lowest of these two amounts:
|
No income tax or NICs to pay. |
| Dividend Shares | You don't pay income tax or NICs on the dividends used to buy your extra Dividend Shares.* | You can't sell your Dividend Shares if they're less than three years old. | No income tax or NICs to pay. | No income tax or NICs to pay. |
* You may need to pay tax on dividends if you exceed your annual allowance — this is across all shares you own, including any you may have in other companies. Go to the HMRC website to find out more and check your allowance.
You may want to seek independent financial advice before joining ShareBuild, or selling any of your ShareBuild shares.
CGT is a tax on profits — or 'gains'. It's normally applied to the increase in the value of your shares from when you buy them to when you sell them. Everyone has an Annual CGT Allowance — that's the amount of profit they can have tax-free before they need to start paying CGT. Go to the HMRC website to find out more and check your allowance.
ShareBuild is exempt from CGT. This means that you don't need to pay any CGT on shares you sell directly from your EquatePlus account. If you do sell your ShareBuild shares, they won't count towards your Annual CGT Allowance.
However, if you transfer your shares into your own personal share dealing account, and sell them later, you may have to pay CGT on any profits from when you transfer your shares to when you sell them. This will depend on your individual circumstances and your CGT Annual Allowance.
If you sell your Partnership Shares during the first five years, your payment will be processed through payroll. This is likely to increase your income that month, so you may find that you also have an increase in your student loan payment.
You may find that investing in ShareBuild may affect some of the benefits you or your spouse / civil partner might receive. It could impact the level of support you get, or whether you're entitled to support. This includes benefits such as:
- Statutory maternity pay
- Statutory sick pay
Go to the government's website to find out more about how joining ShareBuild could impact your benefits.
ShareBuild, like all share plans, can feel very complicated with lots of jargon. We've tried to remove all the jargon from this page so everything is clear, but if you come across technical language in some of the legal documents, you might find these definitions helpful.
- Dividend
-
This is money that companies sometimes pay to their shareholders out of profits or reserves. At Kingfisher, we usually pay any dividends in June and November each year.
- Dividend Shares
-
If you buy shares through ShareBuild, you are a Kingfisher shareholder, and therefore receive any dividends we pay. Your dividends will be used to buy you Dividend Shares, which will be held within the ShareBuild trust for you along with the shares you buy.
- Partnership Shares
-
This is the HMRC term for the shares we buy for you using your monthly contribution.
- Share Incentive Plan (SIP)
-
A SIP is a tax-advantaged share plan and our is called ShareBuild. It was introduced by the UK government in 2000 to encourage employee share ownership.
Legal info
Group Share Dealing Policy
View on Kingfisher IntranetMaking the right decision for you
We'd love you to join our journey and be a Kingfisher shareholder, but only if it's right for you.
To help you decide, you may want to chat it through with family, friends and colleagues. It might be helpful to ask yourself these questions:
- Can I afford to put aside money each month?
- If the value of my shares drops, how will I feel?
- Do I understand how ShareBuild works? Our FAQs can help you with that.
If ShareBuild isn't for you, you might want to consider one of our other plans. We've even put together a handy comparison of ShareBuild and ShareSave.
Joining ShareBuild is your decision — and yours alone.
Ready to join ShareBuild?
Head over to EquatePlus, the platform we're using to manage ShareBuild. Log in and follow the onscreen prompts to join.
Not sure how to find your EquatePlus login details? Find more information in our FAQs
Join nowSupport
Thinking of joining but still have a few questions? Get in touch with the share plan team:
shareplan.enquiries@kingfisher.comNeed help with EquatePlus? Computershare, our share plans administrator, will be happy to help.
Call them on our dedicated helpline (Sunday 10pm – Friday 10pm CET):
0808 234 3577
Disclaimer
There are risks to investing in shares, including through ShareBuild. As with all shares, the trading price of Kingfisher shares can go down as well as up.
The information about ShareBuild provided by Kingfisher on this site or elsewhere does not constitute investment, legal or tax advice. If you are in any doubt about the contents of this site, or what action you should take, you should seek your own personal financial advice. You can get this from your stockbroker, bank manager, solicitor, accountant or other financial adviser authorised under the Financial Services and Markets Act 2000.
