"The gross assets ceiling for companies qualifying for EMI has quadrupled to £120 million, while the maximum number of employees a participating firm may have has doubled to 500."
"The Treasury estimates that roughly 1,800 of Britain's fastest-scaling businesses will now be eligible, opening up share-based rewards for an estimated 70,000 workers."
"Dom Hallas, executive director at the Startup Coalition, welcomed the changes, describing them as a genuine boost for the ecosystem and noting that the expanded headroom would help ambitious firms compete more effectively for the talent."
"Eva Barboni, who leads the Enterprise Britain movement, echoed the sentiment, arguing that widening access to share-based rewards is crucial for attracting and retaining talent in growing companies."
The UK government has implemented new incentives to enhance the start-up and scale-up economy, forecasting an additional £100 million for high-growth companies. Key changes include a significant expansion of the enterprise management incentive (EMI) scheme, allowing more employees to acquire shares at favorable prices. The gross assets ceiling for qualifying companies has increased to £120 million, and the maximum number of employees has doubled to 500. These changes are expected to benefit around 1,800 businesses and 70,000 workers.
Read at Business Matters
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