Submit an Enterprise Management Incentives (EMI) notification

An EMI scheme is a tax advantaged share scheme that can be operated by qualifying independent trading companies with assets of £30 million or less.less and less than 250 employees. EMI share options can be granted to eligible employees.

You must must tell HMRC about a grant of an an EMI option within share92 days of the date of grant if the option bywas submittinggranted anbefore EMI6 notificationApril within2024.

If 92it dayswas ofgranted on or after 6 April 2024, you must tell HMRC about this on or before 6 July following the dateend of the grant,tax oryear in which the grant is made.

You need to tell HMRC about your EMI scheme before you can submit an EMI notification.

Within 7 days of registering your scheme you’ll receive a reference number. When you have it, you can tell HMRC about the grant of an EMI option.

Tell HMRC about a grant of an EMI option

To tell HMRC about a grant of an EMI option, you’ll need the Government Gateway user ID and password you used when you told HMRC about the EMI scheme.

If you haveare providing details for 30 employees or less, you can fill in the details online, you may want to take screenshots of each page and save them.

If you are providing details for more than 30 employees, you’ll also need to:

1. Download and complete the EMI notification template.

2. Upload the template. You’ll need the Government Gateway user ID and password you used when you told HMRC about the EMI scheme.

The online service will not save the details once you have submitted your notification and you will not be able to access them again.

You’llKeep geta copy of the information and the confirmation that HMRC have received your EMI notification,notification whichfor your records.

If you are uploading the notification template, you should keepsave fora yourcopy records.of the file.