• Science & Technology Community

    NETPark Net is the innovation support network for companies operating within the Science, Engineering and Technology Sectors.Join TodayLogin
  • Business Services

    From Funding to IP Landscaping to Contract Opportunities, our suite of business tools & services are designed to accelerate your business growth.Join TodayLogin
  • Innovation Community

    Who do you know? This is where like-minded science and technology companies gather.Join TodayLogin
  • Your success is our Success

    Let’s grow your Business. At NETPark NET, we will give you competitive advantage.Join TodayLogin
  • 1
  • 2
  • 3
  • 4

Latest News from NETPark Net

What’s going on in the world of business for science, engineering and technology companies?


Offer for NETPark Net members

Thursday, 08 September 2016

The Enterprise Management Incentive (EMI) is a flexible, tax-advantaged share options scheme which enables qualifying companies to reward employees with shares.  The scheme – which is designed to offer smaller companies a tool with which to recruit, motivate and retain the best staff – offers generous tax advantages to employees.  An EMI scheme is quick to set up, and imposes no onerous administration burden, going forward.  

Qualifying companies must be independent, have fewer than 250 FTE employees, carry on a “qualifying trade” in the UK, and have gross assets of £30 million or less.  The independence requirement means that, in groups of companies, options must be granted over shares in the parent company.  A qualifying trade is, generally, one that is carried out with a view to making a profit – though some activities, including financial trading and property development, are excluded.  

The shares over which options are granted can be subject to restrictions, including being a non-voting class.  This enables the company to retain a degree of control.  Similarly, provision can be made requiring an employee leaving the company to sell back the granted shares. 

Bonaccord is pleased to offer a discounted fixed-price package to advise NETPark Net members on setting up a scheme including a template to use with qualifying staff for £250 + VAT. Should an additional share class be required, the cost will be £350.00 +VAT.  

If you would like further information, please contact Patricia Barclay  on patricia@bonaccord.eu.  



What are your views on this story?

blog comments powered by Disqus

Latest News

Latest Blog

What Our Members Say

  • I have been to a couple of the Breakfast Networking events. The speakers have been excellent and one in particular has led to us working with them on a commercial basis. It's often the discussions that develop that generate interesting ideas and leads in directions you wouldn't have normally considered. NETPark Net FeedbackMoira HopkinsPolyphotonix
  • NETPark Net offers an amazing range of services and we have made profitable use of the many meetings arranged. Even the breakfast meetings have been more helpful than we could have imagined. Plus some great contacts have been made ! NETPark Net FeedbackSteve CrightonPollywood
  • 1