EMI share option scheme receives state aid approval

Last month, we reported that the Enterprise Management Incentives (EMI) share option scheme lost its EU State Aid approval on 6 April 2018. The consequence of loss of approval being that the tax advantages of such options was temporarily withdrawn. On 16 May 2018 the European Commission gave formal state aid approval to EMI. Qualifying companies can now resume awarding EMI options to attract and retain employees. There are considerable tax advantages for employees and employers of introducing a tax advantaged share incentive scheme. Please contact us if you would like to consider introducing a share incentive scheme for your employees.

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