The UK economy needs to grow. That is the simple message (and fervent hope) of the Government. It is welcoming to see steps already being taken to support this, for example via the proposed changes to the Enterprise Management Incentive scheme (see our reporting of this here – Employee Share Schemes). This quest for nurturing…

February 25, 2026 Read more >

In December 2025, HM Revenue & Customs published the Employment Related Securities Bulletin (November 2025). The bulletin contains details from Autumn Budget 2025, including on the Private Intermittent Securities and Capital Exchange System (PISCES), Enterprise Management Incentives (EMI) and the published summary of responses to the Share Incentive Plans (SIP) and Save As You Earn…

January 21, 2026 Read more >

The government delivered its Autumn Budget on 26 November 2025. This article briefly discusses the likely impact that the Budget may have on employee share schemes. The main relevant tax changes are: Enterprise Management Incentives (EMI) Plans – The government has proposed that from 6 April 2026, legislation will be introduced to increase the following…

November 27, 2025 Read more >