Compensation & Benefits: EMI options
All companies issuing EMI options should note that the relevant HMRC office has now changed address.
HMRC’s Small Company Enterprise Centre (SCEC) which deals with the administration of Enterprise Management Incentive (“EMI”) options moved from its longstanding address in Cardiff, Wales on Monday 27 July 2009.
Form EMI1 must be submitted to SCEC within 92 days of an EMI option grant. Delays caused by using the wrong address could result in the option failing to qualify as an EMI option.
New SCEC contact details
Small Company Enterprise Centre, 1st Floor, Ferrers House, Castle Meadow Road, Nottingham NG2 1BB
Telephone: +44 (0) 115 974 1250
Fax: +44 (0)115 974 2954
Email: firstname.lastname@example.org (Do not use for submission of form EMI1 – original documents with signatures are required)
Content is for general information purposes only. The information provided is not intended to be comprehensive and it does not constitute or contain legal or other advice. If you require assistance in relation to any issue, please seek specific advice relevant to your particular circumstances.