Enterprise Management Incentive continues

It has previously been reported that the Enterprise Management Incentive scheme State Aid approval lapsed on 6 April 2018. HMRC had previously warned that EMI share options granted in the period from 7 April 2018 until EU State Aid approval was received may not be eligible for the tax advantages afforded to option holders but have now confirmed the scheme will operate as before.

On 15 May EU approval was granted and HMRC has now confirmed that the Enterprise Management Incentives scheme will continue to operate as before and no changes have therefore been made to the scheme.

The Enterprise Management Incentive (EMI) allows selected employees (often key to the employer) to be given the opportunity to acquire a significant number of shares in their employer through the issue of options. An EMI can offer significant tax advantages as the scheme allows options to be granted to employees which then allows shares to be acquired without any tax bill arising until the shares are sold.

Internet link: GOV.UK bulletin

Home | Contact us | Site map | Accessibility | Help | Disclaimer | Privacy |

© 2024 Pinnacle Strategies Limited. All rights reserved.


London Office : Pinnacle Strategies Limited, Kemp House, 152-160 City Road, London EC1V 2NX
Romford Office : Pinnacle Strategies Limited, Worker Bee Offices, 18 Eastern Road, Romford, Essex RM1 3PJ