Blog

Thoughts, guidance and news on giving equity to your employees

Should you worry? Hard Brexit and employee ownership

The UK is hurtling towards a hard Brexit. What exactly a 'hard Brexit' means in itself is controversial and the reality is that we won't know exactly what it means until it happens. Broadly, it will mean that there is no framework for co-operation between the UK and...

Employee share scheme valuations: why, when, what and how.

Why get a valuation for an employee share scheme? Valuations have an enormous impact on an employee share scheme.  Simply put, you need to know the value of the shares for lots of different reasons, to ensure that your employee share scheme is operated without hurting...

EMI options given green light by EU

In April 2018, HMRC created concern that the availability of EMI tax relief was in doubt due to a lack of ongoing EU approval. With the approval announced today, this doubt no longer exists and businesses can continue to grant EMI options with confidence.

Most EMIs are not affected by lack of EU state aid

In brief: a temporary breach of EU law by the UK government could (in theory) negate the attractive tax reliefs for EMI schemes. In practice, this concern only arises for EMI schemes breaching generous financial thresholds, and the average EMI scheme will not be...

Using your own valuation for an employee share scheme

Granted specialists can prepare a valuation, agree it with HMRC and register it for you. But you might want to take a different approach: you may feel comfortable doing your own valuation, you may have an existing trusted advisor who can do this for you, or you may...