Employee share schemes

Produced by a Tolley Corporation Tax expert

Corporation Tax

Guidance

Certain tax-advantaged share option schemes will cease to qualify for tax advantages on flotation, most particularly the Enterprise Management Incentive (EMI) scheme.

EMI schemes

The directors of employees holding qualifying EMI options should consider whether to allow employees to exercise those options immediately prior to flotation, where the options have not already become exercisable, to ensure that the option holders get the benefit of the tax advantages. Where employees are allowed to exercise options to obtain EMI tax advantages,

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