An Enterprise Management Incentives (EMI) scheme is a tax-advantaged employee share option scheme available for qualifying businesses. It is particularly relevant for smaller fast-growing private companies.
Your business will qualify for an EMI scheme if it meets certain conditions which include that it must have fewer than 250 employees and less than £30m of gross assets.
The gains made by employees under the option scheme are subject to Capital Gains Tax at a rate of 10%. This is in comparison to a potential 60.8% rate of combined rate of income tax and employee's and employer's national insurance contributions for unapproved options or cash bonuses.*
*subject to the necessary conditions being met.
We combine high level strategic advice with a technology enabled documentation production process to ensure that your EMI scheme is set up to align with your business goals, while ensuring efficiencies of speed, administration and for a fixed cost.
You will also have the comfort to know that you are dealing with experienced technical advisers to help make sure that your EMI scheme is in compliance with the legislation. Sadly, we know that all too frequently EMI status can be lost due to procedural errors when it comes to business transactions!
Enterprise management incentive (EMI) options offer quoted and unquoted small and medium-sized enterprises (SMEs) incentive plans to recruit and retain the individuals you need to help your businesses grow and succeed.
Senior Manager, PwC United Kingdom
Tel: +44 (0)748 3421 569
Senior Associate, PwC United Kingdom
Tel: +44 (0)773 0596 018