The tax-favoured status of EMI options has been confirmed as a result of the European Commission's grant of a new State Aid approval.

If you have delayed granting EMI options following the expiry of the previous approval on 6 April 2018, you can now go ahead and grant new options, which will benefit from the tax-favoured status.

We are awaiting confirmation from HMRC or HM Treasury that EMI options granted on or after 7 April 2018 and before 15 May 2018 will also benefit from tax-favoured status.

Our EMI options brochure contains more details on the EMI scheme.