Policy paper

Changes to working time requirements for Enterprise Management Incentives

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

Documents

Draft legislation

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Explanatory note

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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