Policy paper

Changes to working time requirements for Enterprise Management Incentives

This measure introduces amendments to working time requirements for Enterprise Management Initiatives (EMIs).

• From: HM Revenue & Customs
• Published: 21 July 2020

Documents

Changes to working time requirements for Enterprise Management Incentives

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Draft legislation

PDF, 38.1 KB, 1 page

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Explanatory note

PDF, 136 KB, 2 pages

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Details

These amendments will make sure that individuals will keep the tax advantages of the EMI scheme if they have either:

• been furloughed because of coronavirus (COVID-19)
• had their working hours reduced below the current statutory working time requirement for EMIs because of coronavirus

Published 21 July 2020