Enterprise Management Incentives (EMIs) are a powerful tool for small trading companies and groups which can be used to attract, motivate and retain top talent by giving the opportunity to have “skin in the game” in a UK tax efficient manner.
Unlike other UK tax advantaged share schemes (such as the Company Share Option Plan (CSOP), which are typically geared towards larger, often publicly traded companies, EMIs provide a more flexible method of providing share related benefits to employees in smaller businesses.
By offering EMI share options, employers can align their employees’ interests with the growth of the company, making it an appealing incentive to drive long-term success. Recent changes have streamlined the notification process for options granted after 1 April 2024, making the administrative process easier.
