Retaining staff through EMI. Keep staff and save on tax

The Enterprise Management Incentives (EMI) share option scheme, set up by the Government, helps entrepreneurial businesses to retain and recruit high calibre employees, and rewards employees for taking a risk by investing their time and skills in helping small to middle size companies achieve their potential. Research has shown that companies employing an incentivised workforce are more successful and profitable. If you are an enterprising business then this scheme is of particular interest to you.

Is the scheme tax efficient?

In terms of the tax savings that can be achieved with an EMI scheme, this is one of the best share option schemes for granting a stake in the company to employees. It is also one of the most straightforward to put into practice, as under the current rules, share option schemes can be set up with immediate effect.

What happens if you don't want to lose any of ownership of the business?

Do not worry. there is protection for the existing shareholder(s) because the scheme can be designed to produce a purely financial reward for employees, if the existing shareholders do not want to lose 100% ownership.

Relevant employers who do not even consider such share schemes will be left behind. Quality employees are vital to a successful business and they need and want to be rewarded adequately.

To find out more about our EMI share schemes and how they can help your business Please contact us on 0845 641 0624 or make an enquiry.