The Income Tax (Limits for Enterprise Management Incentives) Order 2008

• Citation: S.I. 2008/706
• Sections: 2

Section 1 Citation and commencement

This Order may be cited as the Income Tax (Limits for Enterprise Management Incentives) Order 2008 and shall come into force on 6th April 2008.

Section 2 Increase in limits for enterprise management incentives

(1) The EMI code in the Income Tax (Earnings and Pensions) Act 2003 is amended as follows.

(2) For the sums specified in—

(a) paragraph 5(1)(a) of Schedule 5;

(b) paragraph 6(1) and (3) of that Schedule, and

(c) section 536(1)(e),

the sum of £120,000 is substituted.