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Best of both worlds

12 July 2011 / Paul Howard , Martin Mann
Issue: 4312 / Categories: Comment & Analysis , Companies , Investments
When considering the available incentives for investors in new businesses, PAUL HOWARD and MARTIN MANN explain that EIS and EMI can co-exist happily


  • EIS and EMI: a brief overview of their purpose.
  • EIS rules of ITA 2007 Part 5 and EMI regulations in ITEPA 2003 Part 7 Ch 9 and Sch 5.
  • Where the schemes would not work and where relief could be withdrawn.
  • Which companies are eligible for the reliefs?
  • Connection tests under ITA 2007 s 163 and s 170.
  • The interaction with entrepreneurs’ relief.
  • Don’t be caught out by disqualifying events.

Obtaining finance and attracting the best employees is challenging for any new business. A company can get the best of both worlds in the form of the enterprise investment scheme (EIS) and enterprise management incentives (EMI) where tax incentives can make all the difference...

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