HMRC waives penalties for one month for late submission of 2021 Tax Returns and payment of corresponding tax liability
EMI option schemes are designed to help companies retain valued employees and to reward employees for investing their time and skills in helping the company grow.
Share options can more closely align the interests of a company’s owners with those of its employees in seeking to build long-term shareholder value in the expectation everyone will eventually benefit.
We can advise you on qualification; the practical details of implementation and assist on share valuations.
Share options can provide a straightforward link to achievement of performance targets for the selected employees. However, employers do not have to worry about the added complications that arise once employees actually hold shares e.g., the need to acquire shares should an employee leave.
EMI offers tax relief for the company on the difference between the market value of the shares as at the date of exercise and the amount the employee pays for the shares.
The tax benefits to the employee potentially include:
We have a lot of experience in designing option schemes and on share valuations.
Please read our EMI Briefing Note for further information, however, this technical briefing is still only a summary and detailed advice should always be sought.
We inspire confidence. We are recognised as a top 20 firm for tax in the UK and, with a significant proportion of our partners specialising in tax, you will benefit from exceptionally high levels of technical expertise and experience. We will advise you accordingly, enabling you to plan with realistic ambition.
4 Offices, London, St Albans, Rickmansworth and Milton Keynes
Joined-up advice across all services, including, Corporate Restructuring, Corporate Finance and Corporate and Business Tax
Advise a wide range of industries and sectors Sector-specific experience and insight
Knowledge on variety on services, such as, Remuneration, Research & development, Capital Expenditure and Patent Box Relief, EIS and SEIS and buying and selling a company