The limit on qualifying Enterprise Management Incentives (EMI) options rises from £120,000 to £250,000 on 16 June 2012.
Share options granted under the Enterprise Management Incentives (EMI) rules are a tax efficient method of incentivising staff and ideal for start-ups and expanding companies. An employer may award options under EMI when the share price is low, but set the rules to allow employees to take up shares as the company's performance increases. This means that employees are able to purchase shares at a cost based on today's price but when real share price is much higher.
For assistance in setting up or designing an EMI share option scheme contact Nichola at Virtual Tax Partner Support.
