This book has needed writing since the current rules on employment-related securities were introduced in Finance
Act 2003. Other works deal with tax-advantaged share and share option schemes but such schemes are typically of
interest to the larger company. This book is written with unlisted, mainly private companies in mind and so, with
one exception, deals with employee share acquisitions which do not benefit from any special tax advantages. The
exception is the Enterprise Management Incentives (EMI) share option scheme, which is mainly for unlisted
companies and so is covered in this book.
