Sometimes there is little alternative but to issue shares to investors, employees and other stakeholders. If the company’s an early stage company then it has little else to ‘sweat’ to release some cash. You might be able to benefit from the Seed Enterprise Investment Scheme (SEIS) or the Enterprise Investment Scheme (EIS) but – although … Read moreShare Equity: Once it’s gone, it’s gone
Enterprise Management Incentive share option schemes (or ‘EMI’ for short) have long been a useful tool for entrepreneurial fast growing companies that wish to both tie-in key employees and incentivise them tax efficiently with the promise of jam tomorrow in the form of a slice of the share equity. The peculiar thing as evidenced from … Read moreHas your company missed out on EMI too?
Tax planning is getting a real battering at the moment – in some cases, for all the right reasons – but there are many instances where effective tax planning is essential for fast growth businesses and, in fact, positively encouraged by the government. Aside from printing money to erode away much of our UK budget … Read moreWhen tax planning can be good!
As an ambitious entrepreneur and founder of a fast growth business you may benefit from reviewing the following generous tax breaks as part of your 2013 planning: 1. Patent box – introduced with effect from 1 April 2013, companies will be able to elect into this new beneficial company tax rate and pay tax at … Read more5 essential tax tips for innovative companies in 2013
Enterprise Management Incentive Schemes (EMI) are a great way of tax efficiently tying in and incentivising key employees within a fast growth SME company. One of the limitations on EMI schemes has been that each employee could only receive entitlement to shares worth up to £120,000. This is all set to change with effect from 16 June 2012 when … Read moreEMI share option employee limit goes up to £250,000
I have just set up an Enterprise Management Incentive (EMI) Option Scheme for a (very happy) client and I have a number of others to set up over the coming weeks. At a time when cash is tight, EMI option schemes are a cost effective and tax efficient way of incentivising key employees. Here are … Read more10 Benefits of an EMI Option Scheme for Your Business
Whilst Stephen Hester, chief exec of RBS, did the right thing and waived his entitlement to his £1m bonus, how would you like the opportunity to reward your key employees with the potential for significant future windfalls without any flack (in fact, more likely with a whole heap of praise from your happy employees!)? Mr Hester’s ‘bonus’ was actually in the form of a … Read moreHow to give your key employees a Hester bonus (without the flack!)
Incentivising key employees by giving them an equity interest in the company not only makes sense from a motivational and employee retention perspective but it also makes good financial sense when cash is tight and tax can bite nastily on cash bonuses. Many UK growing companies will qualify for the Enterprise Management Incentive Scheme (commonly … Read moreEIS & EMI – Happy marriage or grounds for divorce?
With George Osborne promising an “unashamedly pro-growth, pro-enterprise and pro-aspiration” Budget tomorrow at 12.30pm, I am looking forward to hearing these words turn into solid, workable solutions for UK entrepreneurs. Giving Budget predictions is almost as much fun as delving into the actual Budget announcements afterward so please allow me to indulge myself for just two minutes! … Read moreBudget 2011 wishes for fast growth digital and tech companies
I don’t know if there’s something in the water around here right now but I seem to spending a huge proportion of my time advising clients on either: the benefits (and potential pitfalls!) of the Enterprise Investment Scheme (EIS) aimed at tax efficient investments into fledgling fast growth companies and rewarding employees under an approved … Read moreEIS and EMI – Whaaaat?!!!