Shares acquired on exercise of EMI options will be able to qualify for entrepreneurs' relief even if the individual does not have a 5% stake in the company

The requirement for an individual to hold 5% of the shares in a company in order to qualify for entrepreneurs' relief from capital gains tax will be removed where the shares are acquired on exercise of Enterprise Management Incentives (EMI) share option, according... 29 Mar 2012

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Top rate taxpayers to benefit from cut in income tax rates but other proposed tax charges will hit high earners

The 50% additional rate of income tax payable by those individuals earning more than £150,000 per year will be reduced to 45% from April 2013 the Chancellor announced today. However, from April 2013 a cap on income tax reliefs will be introduced. 22 Mar 2012

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Chancellor to double Enterprise Management Incentive share allowances

The Chancellor announced at the Budget that it is intended to raise the limit for the value of shares over which “enterprise management incentive” share options may be granted to any individual from £120,000 to £250,000. 22 Mar 2012

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Government to consult further on introducing a general tax avoidance prohibition in 2013

The Government has accepted that the introduction of a general anti-avoidance rule (GAAR) will improve the UK's tax avoidance strategy whilst maintaining competitiveness, and will consult further with business on introducing a GAAR into the UK tax system,... 21 Mar 2012

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