Enterprise Management Incentives (EMI): Option notifications: Appeals
An employer company may appeal against a decision by HMRC that:
- notification of the option was not given in accordance with the requirements, or
- the requirements of the Schedule are not met in relation to the option.
An employee holding an option can appeal against a HMRC decision that he does not meet the working time commitment requirement.
The notice of appeal to HMRC must be given within 30 days of receiving the closure notice.