# The Income Tax (Limits for Enterprise Management Incentives) Order 2012, Article 2: Increase in the limits for enterprise management incentives


(1) The EMI code in the Income Tax (Earnings and Pensions) Act 2003 is amended as follows.
(2) In—
(a) paragraph 5(1)(a) of Schedule 5,
(b) paragraph 6(1) and (3) of that Schedule,
(c) section 536(1)(e),
for “£120,000” substitute “£250,000”.

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Source: https://www.legislation.gov.uk/uksi/2012/1360/article/2 (the official version)
Page: https://openlegislation.uk/income-tax-limits-for-enterprise-management-incentives-order-2012/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.