In the competitive landscape of UK business, attracting and retaining top talent is paramount. For small business owners, tech startup founders and corporate executives, this challenge is particularly acute. One solution lies in the strategic use of EMI Share Option Schemes. These schemes, designed to incentivise employees, can be a game-changer for businesses. They offer tax advantages, align employee interests with company goals and foster a sense of ownership. This article looks at EMI schemes, providing an informative guide for UK businesses. If you wish to discuss implementing a share option scheme into your business, JPP Law offer a free…

This is a recording of the webinar which took place on 28 March 2024. Watch the webinar to gain invaluable insights into Employee Share Option Schemes (ESOS) and Enterprise Management Incentive (EMI) schemes. Designed for business leaders, HR professionals, and financial decision-makers, this session aims to demystify the complexities surrounding these incentive programs. https://youtu.be/LKlsukgTD1s Key Contacts JP Irvine: [email protected] Request the EMI Eligibilty Questionnaire In the webinar JP refers to the EMI Eligibility Questionnaire. Please use this form to request your copy. EMI Eligibilty Questionnaire Your name Your email Business Name

While the Employee Share Scheme, also known as EMI (Enterprise Management Incentive) schemes are well known for tax benefits for both companies and employees, there are EMI scheme rules that every business should fully understand to remain compliant. EMI legislation has been updated and companies should take legal advice to ensure their circumstances comply with current EMI scheme rules and legislation. The Employee Share Scheme has benefits for both employers and employees As explained in our previous article, What are EMI Schemes?, the Employee Share Scheme is an excellent way for companies and their employees to receive certain tax reliefs,…

Join our upcoming webinar to gain invaluable insights into Employee Share Option Schemes (ESOS) and Enterprise Management Incentive (EMI) schemes. Designed for business leaders, HR professionals, and financial decision-makers, this session aims to demystify the complexities surrounding these incentive programs. Please note: Registrations for this event are now closed but you may view the recording: EMI Webinar Recording When? 28th March 2024, 10AM - 11AM (GMT) Key Highlights Introduction to Employee Share Schemes Why Have One? Benefits? Risks? How big/how much equity to give away? Deep Dive into EMI Schemes Why EMI? What does it mean? What’s the government’s position…

Enterprise Management Incentive Schemes ( EMI Schemes ), offer significant tax benefits for both companies and their employees by granting the right to shares in the company to employees in the most tax-efficient way (geared towards attracting and retaining employees).  Now the Government has brought in changes to the EMI qualifying conditions, aimed at simplifying the administration of these schemes.  Would your business qualify? Request the EMI Eligibility Questionnaire using the form at the bottom of this page. What has changed and what has JPP Law done to adapt?   Several important changes are now implemented in JPP Law’s Share Option…

Did you know that employees received an estimated £480m in income tax and national insurance contributions (NIC) in the tax year ending 2021 from Employee Share Schemes - with EMI schemes forming the largest contributor to tax relief? EMI share schemes (Enterprise Management Incentives)  have clearly become a popular way of motivating, retaining and attracting employees in the UK, as they offer significant tax benefits for both the business and its employees. By allowing companies to grant options (the right to shares in the company) to qualifying employees in a tax efficient way, EMI option schemes are flexible and can…

Whilst the economy struggles to recover from the pandemic setting up a share option scheme may be the perfect way to incentivise, motivate and keep your staff feeling valued and performing well - at a very low cost to your business.