EMI points in HMRC’s October employment related securities bulletin

HMRC’s October employment related securities bulletin contains a couple of interesting points concerning EMI (enterprise management incentives) schemes.  These are summarised below. For a further discussion of the tax and administrative issues of EMI and other employee share schemes, please get...

The EMI hiatus conundrum – To grant, or not to grant? – that is the question…

Further to our previous EMI blog, in March, (here: https://blogs.mazars.com/letstalktax/2018/03/emis-eu-state-aid-renewal-deadline-is-looming-fast-emi-plan-house-keeping-matters-to-check/ ) warning that HM Treasury had failed to secure timely renewal of the EU State Aid approval necessary to allow Enterprise Management Incentive (EMI) tax advantaged option grants to be made after...

EMI’s EU State Aid renewal deadline is looming fast – EMI Plan ‘house-keeping’ matters to check

Enterprise Management Incentives (EMI) is the UK's most popular share plan, offering great flexibility and tax advantages for eligible entrepreneurial businesses. The tax relief advantages for EMI include the potential to exercise options tax-free (provided the exercise price is at...

Halloween Scare Schemes – EMI options: What could possibly go wrong? Common misunderstandings and mistakes

Although the legislation governing Enterprise Management Incentives (EMI) options is fairly flexible, and not particularly restrictive, there are some areas where advisers and companies can get themselves into difficulties. This could mean that the EMI options will not qualify, or...

HMRC issues revised employment-related securities guidance

HMRC has updated its guidance in relation to employment-related securities and published the latest Share Schemes Bulletin (ERSS Bulletin 15) which includes: an outline of shares & securities changes in Finance Bill 2014; guidance on the commencement and transitional provisions...