Right now, our generous employee ownership schemes, like the Enterprise Management Incentives (or EMI), are, in my experience, being used primarily by small businesses with limited growth potential.

Many option holders delay exercising their EMI options until immediately before a sale. In summary, EMI schemes are a highly tax-efficient way for employers to incentivise and reward employees.

EMI options are a form of option which benefit from very generous tax reliefs. The conditions relating to the company, the optionholder and the option agreement are quite complex. Technical errors ...

Many option holders delay exercising their EMI options until immediately before a sale. In summary, EMI schemes are a highly tax-efficient way for employers to incentivise and reward employees.

Current EU State Aid Approval for EMI schemes ends on 6 April 2018. The government is in the process of applying for fresh approval from the European Commission and are awaiting the final response.