Course description
The Enterprise Management Incentive (EMI) is the most popular approved scheme out of the four available approved share schemes. It allows employees to participate in the ownership of a company with the benefit of favourable tax treatment. Whilst subject to stringent conditions both for the company and the employees, the scheme is very flexible and can be used for any number of employees.
Join tax consultant Nitzan Cohen for this live and interactive online session covering a range of key topics including the statutory conditions for a valid EMI scheme, the procedure for setting the exercise price and share valuation, tax implications for the company and employees, and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The Enterprise Management Incentive (EMI) is the most popular approved scheme out of the four available approved share schemes. It allows employees to participate in the ownership of a company with the benefit of favourable tax treatment.
Whilst subject to stringent conditions both for the company and the employees, the scheme is very flexible and can be used for any number of employees.
What You Will Learn
This live and interactive session will cover the following:
- Option to acquire shares v straight acquisition
- What does an approved scheme mean?
- Approved v unapproved scheme
- Statutory conditions for a valid EMI scheme
- Excluded activities
- Procedure for setting the exercise price and share valuation
- Tax implications for the company and employees
- Examples of different scenarios that impact on tax implications
- NICs implications
- Business Asset Disposal Relief (previously Entrepreneur’s Relief)
- Restricted securities issues
- Section 431 election
- EMI in practice from start to grant of options
- Disqualifying events
- Common pitfalls
- Notifications of options
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...