Comparison between the EMI and CSOP tax favoured share schemes

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Share scheme arrangements

EMI Schemes under threat

The enterprise management incentive (EMI) scheme is the most popular share option scheme, as it is designed for companies that have gross assets of no more than £30 million. On 4 April 2018 HMRC announced that the EU State Aid approval for the EMI scheme was due to run out on 6 April, as it […]

EMI Scheme Criteria Not met

Thanks for completing the qualification questionairre. However, it appears that, based on the answers that you have given, the Company may not be able to incentivise its employees using an Enterprise Management Incentive Scheme (EMI). There are however other opportunities available, for example the Company share Ownership Plan (CSOP) see here for a comparison between […]

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MBO – Vendor Advisory

The vendor may be considering a number of exit routes, including a trade sale,  and a Management Buyout. It is crucial that the Vendor seeks tax advice on structuring and investment before reaching heads of terms with the MBO team.  Because of a potential conflict of interest it is preferable for the MBO team to […]

“Asset Protection”

Asset protection is a Transtax framework, it has been designed to deal with a common challenge that many businesses are faced with. Scenario There continues to be a steady stream of enquiries regarding the desire to either extract capital assets from the company or to separate trading and investment activities. These situations often arise through: most […]

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Stephen Burwood Chartered Tax Adviser and Cert IoD Led by Stephen Burwood, the PTS team keep abreast of the many and regular changes to tax legislation, case law decisions and valuation standards in order to understand the latest strategies to maximise value for our clients. Stephen is recognised in the tax world as an expert […]

Tax Dispute Resolution

Resolution of Tax Disputes with HM Revenue & Customs are a fact of life in the modern world as the Government strives to increase the tax base and in particular, the yield from existing taxpayers. We can deal with a wide range of tax disputes with HMRC but where we need specialist advice, particularly in the area of […]

Research and Development Tax Credits

Many companies do not realise that they have eligible projects,  or, most commonly, ‘bundle’ the R&D claim as part of their broader tax and accounting affairs without a rigorous effort to optimise its scope. For information on the latest changes see here Not only is the tax legislation associated with the scheme a highly specialised […]

Employee Share Arrangements

Employees are almost always the most important asset in a business and to get the most out of them it is important that they are fully motivated and incentivised. Key employees can be incentivised in a number of ways apart from immediate cash rewards through to Share Arrangements and deferred bonus solutions. There are a […]