Expanding the eligibility limits of the Enterprise Management Incentive scheme
TL;DR
UK Autumn Budget 2025 expands EMI scheme eligibility but doesn't address UK employees at international companies.
Official government announcement of EMI scheme expansion in Autumn Budget 2025. While positive for UK companies, the changes do nothing for UK employees at US companies who receive unapproved options. Demonstrates partial policy progress while highlighting the gap in addressing international equity arrangements.
Key Findings from Treasury (2025)
- Employee limit increased from 250 to 500
- Gross assets threshold quadrupled from £30M to £120M
- Company options limit raised from £3M to £6M
- Exercise period extended from 10 to 15 years
- Changes effective from 6 April 2026