Our corporate finance division trades under the brand name Translink Corporate Finance. The team operates as part of the UK arm of an international advisory boutique that brings together experts from across the world to support clients with their M&A activity.
We provide all of our clients with an effective and efficient compliance service, making sure that all aspects of the ever-increasing burden of business tax compliance are dealt with.
Our expert team will work closely with you as an extension of your own in-house finance function, supporting you with your management accounts, budgeting, projections and forecasting, tax and compliance, and data and reporting.
An EMI is a HMRC-approved, tax-efficient share scheme designed to help smaller companies recruit and retain key employees that may not have the funds to do so via salaries and bonuses. EMI schemes are a very flexible and tax-efficient way to incentivise employees through shares.
The world of debt funding has changed dramatically in recent years and there’s now more choice than ever before.
Our financial reporting, advisory and valuations team offer financial reporting advisory, IPO support, purchase price allocations, share-based payment and other financial reporting valuations, and annual compliance work for listed groups.
Supporting your needs in business valuations, transactional issues, dispute scenarios, loss quantification or financial crime investigation.
We provide a range of personalised, friendly financial planning services backed up by the resources of a fully integrated accountancy firm.
Our dedicated team of professionals offer clients a full personal tax planning and financial planning service.
Our team has a wealth of specific expertise and experience in providing auditing, accounting, business and tax advisory services to charities and not-for-profit organisations.
Our wealth of expertise and experience allows us to provide excellent advisory, accounting and tax planning services to the healthcare industry.
Experts in audit and advisory services to occupational pension schemes and everything in between.
From small family farms to large landed estates, we provide taxation, accounting and business advice which is built on our highly personalised service.
An EMI is a HMRC-approved, tax-efficient share scheme designed to help smaller companies recruit and retain key employees that may not have the funds to do so via salaries and bonuses. EMI schemes are a very flexible and tax-efficient way to incentivise employees through shares.
An EMI is a HMRC-approved, tax-efficient share scheme designed to help smaller companies recruit and retain key employees that may not have the funds to do so via salaries and bonuses. EMI schemes are a very flexible and tax-efficient way to incentivise employees through shares.
An EMI is a HMRC-approved, tax-efficient share scheme designed to help smaller companies recruit and retain key employees that may not have the funds to do so via salaries and bonuses. EMI schemes are a very flexible and tax-efficient way to incentivise employees through shares.
An EMI is a HMRC-approved, tax-efficient share scheme designed to help smaller companies recruit and retain key employees that may not have the funds to do so via salaries and bonuses. EMI schemes are a very flexible and tax-efficient way to incentivise employees through shares.
An EMI is a HMRC-approved, tax-efficient share scheme designed to help smaller companies recruit and retain key employees that may not have the funds to do so via salaries and bonuses. EMI schemes are a very flexible and tax-efficient way to incentivise employees through shares.
An EMI is a HMRC-approved, tax-efficient share scheme designed to help smaller companies recruit and retain key employees that may not have the funds to do so via salaries and bonuses. EMI schemes are a very flexible and tax-efficient way to incentivise employees through shares.
The scheme works by incentivising key employees (including directors) by granting them options, i.e. the right to acquire shares in the company in the future at a price agreed at the time the options are granted – “the exercise price”.
Due to the flexibility of EMI schemes, they can be designed in a unique way for your company and the goals you want to achieve. You can decide how and when share options can be exercised, such as only if certain turnover or profit targets are met, or a sale occurs. EMI schemes, therefore, incentivise staff to work collaboratively to hit targets so they can obtain their rewards.
There are a number of benefits for both the employer and the employee.
The benefit to employees is that there is no upfront cost. When the ultimate exercise of the share options takes place, the employee will pay the exercise price agreed at the date of grant for the shares.
As long as the exercise price paid is equal to or greater than the original market value at the date the option was granted, no Income Tax or National Insurance liabilities will arise.
This is similar for the employer, where EMI shares are exercised at or above the original value at the date of grant, and no National Insurance liabilities arise for the employer.
See a full list of the EMI benefits here.
For an option to be qualifying, an employee may not hold unexercised options in respect of shares with a total value of more than £250,000 at the time that the options are granted.
On average, the employee must work at least 25 hours per week for the company (or 75% of their working time, if less). They also must not have a ‘material interest’ in the company – broadly speaking, this means more than 30% of its share capital. This also includes any of their associates (e.g., spouse, parent, grandparent, child, grandchild or remoter relative in the direct line).
Companies must carry on a qualifying trade. The term ‘qualifying trade’ is defined as an activity undertaken with a view to the realisation of profits that does not, to a substantial extent, consist of an excluded trade.
Companies must also meet various other qualifying conditions both before and after options are granted.
Speak to a team member today to see if you qualify. And for further information, take a look at our recent blogs:
At BHP, we are committed to helping you through the R&D process, promising to listen, understand, and provide honest advice to determine whether you can claim R&D tax relief.
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An EMI is designed to help smaller companies recruit and retain key employees that may not have the funds to do so via salaries and bonuses. Speak to our team to see if you qualify.
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The registered office of BHP LLP (registered under number OC416373 in England and Wales) is 2 Rutland Park, Sheffield, S10 2PD