EMI Options Calculator

See what your share options could be worth when the company is sold.

Your shares at exit
£0
Gain after exercise price
£0
Enterprise value
£0

Your Options ?Enter your vested and vesting option counts

0%
0% 100%
Effective options ?Vested options plus the vested portion of your vesting options (vesting options multiplied by vesting progress). 0 options

Brand split ?Set how your options divide across the three brands. The split must total 100 percent. Brand affects exercise cost and exit value, since each brand has its own valuation and share price.

Total ?The three brand shares must add up to 100 percent for the split to apply correctly. 100%
Exercise cost ?Provisional per brand exercise prices pending final valuation. Broadgate £0.0600, Trust in Soda £0.1400, Deeprec.ai £0.0600. £0

Valuation Scenario ?Model each brand's enterprise value from its EBITDA and a shared exit multiple.

Total EBITDA ?The combined EBITDA of all three brands. Updates live as you change each brand below. £2.2M
£0.4M
£0 £5M
£0.9M
£0 £5M
£0.9M
£0 £5M
8x
1x 25x

How EMI options are taxed

A quick guide to why these options are tax-efficient

No Income Tax on grant

When EMI options are granted, there is no Income Tax or National Insurance to pay.

Business Asset Disposal Relief

EMI shares can qualify for Business Asset Disposal Relief, so gains up to the lifetime limit are taxed at a reduced Capital Gains Tax rate. EMI participants also do not need the usual 5 percent shareholding that BADR normally requires.

See a worked example

With a properly structured EMI, the tax usually works out like this.

At grant
£1
At exercise
£5
At sale
£20
No tax on grant.
Usually no Income Tax or National Insurance on exercise.
Most of the £19 gain per share is taxed under Capital Gains Tax rules rather than employment income rules.
Key conditions

The company and the employee must meet the EMI qualifying rules. These include the following.

  • The employee works at least 25 hours a week, or 75 percent of their working time, for the company.
  • The person must be an employee at the time of the capital event.

This is general guidance, not tax advice. See the full disclaimer below.

Disclaimer. This calculator provides estimates for illustrative purposes only. Actual values will depend on many factors including company performance, market conditions, dilution from future funding rounds, and changes to tax legislation. The tax calculations are simplified and do not account for individual circumstances. Please consult with a qualified financial advisor and tax professional before making any decisions based on this information. EMI schemes are subject to HMRC rules and eligibility requirements.