TAX Talk – the blog from RJP

Bring on the 10% tax rate – Budget brings useful relaxation to ER rules

Setting up an EMI share scheme can be a very useful tax planning tool. Some important changes were announced to the EMI enterprise management scheme in last month’s Budget. Overall, the net result is a very positive one, as it significantly widens access to EMI options. These have been shown to be a worthwhile and tax efficient method of offering share options to employees. In addition to broadening access to the scheme itself, the individual limits to the amount of shares that can be held have also been increased. (more…)

Leave a Comment April 13, 2012

EMI Share option tax breaks ‘to continue until 2018’

Tax breaks designed to help small businesses retain key staff will now be available until 2018, the Government has announced.

Earlier this month, the Treasury confirmed that it had secured the ‘long-term future’ of Enterprise Management Incentives (EMI), after gaining state aid approval from the European Commission.

The eligibility criteria is also being extended to allow firms that carry out overseas activity to take advantage of the incentive scheme.

Continue Leave a Comment August 26, 2009