Income Tax (Earnings and Pensions) Act 2003 Schedule 5 paragraph 6

Maximum value of options in respect of relevant company's shares

Schedule 5 paragraph 6 sets a £250,000 cap on the total value of qualifying Enterprise Management Incentives (EMI) options that an individual employee can hold, and imposes a three-year restriction period once that cap is reached.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.