Growth Share Valuation Fees and HMRC Rules
The Growth Share Valuation Fees and HMRC Rules carries 6 published figures read from 5 sources' own pages, from 14 to 90 day, read 11 October 2026.
Of 15 named sources read in full, 7 publish a figure and 8 do not, read 11 October 2026.
By rule
| Breakdown | Median | Range | Sources |
|---|---|---|---|
| rules431-election-window | 14day | 14 to 14day | 3 |
| ruleemi-disqualifying-event-window | 90day | 90 to 90day | 1 |
| rulerestricted-securities-forfeiture-relief-period | 5year | 5 to 5year | 1 |
| rulesav-ess-valuation-validity | 60day | 60 to 60day | 1 |
| rulesav-agreement-target-turnaround | 4week | 4 to 4week | 1 |
| ruleemi-company-option-limit-from-2026-04-06 | 6,000,000GBP | 6,000,000 to 6,000,000GBP | 1 |
| ruleemi-exercise-period-limit-from-2026-04-06 | 15year | 15 to 15year | 1 |
| ruleemi-gross-assets-limit-from-2026-04-06 | 120,000,000GBP | 120,000,000 to 120,000,000GBP | 1 |
| ruleemployee-shareholder-minimum-share-award | 2,000GBP | 2,000 to 2,000GBP | 1 |
| rulesav-emi-valuation-validity | 90day | 90 to 90day | 1 |
| rulesav-request-accounts-years | 3year | 3 to 3year | 1 |
What each source publishes
Below, every figure a source's page shows sits on its own line, linked and dated. Numbers that no source prints are left out.
The source sentences behind the table (13)
- Expanding the eligibility limits of the Enterprise Management Incentive scheme - GOV.UK, read 2026-10-08:
gross assets will be increased from £30 million to £120 million
- Expanding the eligibility limits of the Enterprise Management Incentive scheme - GOV.UK, read 2026-10-08:
For eligible companies, the changes that will apply to EMI contracts granted on or after 6 April 2026 are the limit on: company options will be increased from £3 million to £6 million
- Share and Assets Valuations for employee shareholder status - GOV.UK, read 2026-10-08:
To grant someone employee shareholder status in your company, you need to award them at least £2,000 worth of shares.
- ETASSUM57150 - Enterprise Management Incentives (EMI): Taxation of EMI options: Section 43, read 2026-10-08:
Where restricted shares are acquired more than 90 days (40 days prior to 17 July 2013) after a disqualifying event, tax is calculated on the increase in value after the disqualifying event.
- Get a share scheme valuation from HMRC - GOV.UK, read 2026-10-11:
Valuations for EMIs are valid for 90 days from the date of the agreement.
- Share and Assets Valuations for employee shareholder status - GOV.UK, read 2026-10-08:
Employee shareholder agreed valuations are valid for 60 days.
- Expanding the eligibility limits of the Enterprise Management Incentive scheme - GOV.UK, read 2026-10-08:
The limit on the exercise period will be increased from 10 years to 15 years.
- ERSM30450 - Restricted securities: elections to exclude outstanding restrictions - HMRC in, read 2026-10-08:
it must be made not more than 14 days from the date of the acquisition, or the chargeable event; and
- ETASSUM57150 - Enterprise Management Incentives (EMI): Taxation of EMI options: Section 43, read 2026-10-08:
If an election is made under section 431 ITEPA before or within 14 days after the options are exercised, the restrictions are ignored at the date of exercise so that tax is payable when the option is exercised as though the shares were not restricted.
- Income Tax (Earnings and Pensions) Act 2003, read 2026-10-08:
may not be made more than 14 days after the acquisition.
- ERSM30300 - Restricted securities: securities acquired on or after 16 April 2003: introduc, read 2026-10-08:
Relief from initial charge where the securities are potentially forfeitable within 5 years.
- Share and Assets Valuations for employee shareholder status - GOV.UK, read 2026-10-08:
When we have all the information we need we will try to reach an agreed valuation within 4 weeks of getting your request.
- Get a share scheme valuation from HMRC - GOV.UK, read 2026-10-11:
a proposed value for your shares 3 years of accounts before the valuation date, or if the company is newly trading, any accounts available at the valuation date
Read, but nothing to quote
These 8 named sources were read on the dates shown and state no figure. They are part of the count and stay blank.
- ERSM20220 - Employment-related securities and options: 'by reason of employment' - excepti, read 2026-10-08: read in full and no accepted figure on the page
- Apply for a share valuation check for Enterprise Management Incentives (VAL231) - GOV.UK, read 2026-10-08: read in full and no accepted figure on the page
- ERSM20192 - Employment-related securities and options: what are securities: Long Term Ince, read 2026-10-08: read in full and no accepted figure on the page
- SVM111000 - IHT Business Property Relief: contents - HMRC internal manual - GOV.UK, read 2026-10-08: read in full and no accepted figure on the page
- Apply for a share valuation for a share award under an employee shareholder agreement (VAL, read 2026-10-08: read in full and no accepted figure on the page
- Income Tax (Earnings and Pensions) Act 2003, read 2026-10-08: read in full and no accepted figure on the page
- Bird & Bird: growth shares note, read 2026-10-08: every candidate on the page was refused
- Vestd help: how growth shares work, read 2026-10-08: every candidate on the page was refused
Method
Every number traces to a quoted sentence on the publisher's page, captured on the date shown along with a hash of the page text.
7 of 15 readable sources publish a figure; 8 were read in full and publish nothing, so they are counted as silent; 4 could not be reached.
The summary statistics use one value per source for each breakdown it prices, 6 values in day.
52 candidate sentence(s) were rejected in review, each for a recorded reason.
What this dataset is chartered to add later, beyond the published figures shown: one row per rule the valuation turns on: AMV vs UMV, the s.431 election and its 14-day window, HMRC SAV agreement (VAL231/VAL232) and its 90-day validity, EMI limits from 6 April 2026, CGT rates; each with its instrument, section and date read
We set aside 52 candidate sentences found on these pages, each with a written reason from the reviewer.
Source list (19)
- ERSM30300 - Restricted securities: securities acquired on or after 16 April 2003: introduc(reproduced for comment; publisher's terms)
- ERSM30450 - Restricted securities: elections to exclude outstanding restrictions - HMRC in(reproduced for comment; publisher's terms)
- ERSM20220 - Employment-related securities and options: 'by reason of employment' - excepti(reproduced for comment; publisher's terms)
- Apply for a share valuation check for Enterprise Management Incentives (VAL231) - GOV.UK(reproduced for comment; publisher's terms)
- Human Verification(reproduced for comment; publisher's terms)
- ERSM20192 - Employment-related securities and options: what are securities: Long Term Ince(reproduced for comment; publisher's terms)
- Share and Assets Valuations for employee shareholder status - GOV.UK(reproduced for comment; publisher's terms)
- Get a share scheme valuation from HMRC - GOV.UK(reproduced for comment; publisher's terms)
- Shares and Assets Valuation Manual - HMRC internal manual - GOV.UK(reproduced for comment; publisher's terms)
- Income Tax (Earnings and Pensions) Act 2003(reproduced for comment; publisher's terms)
- SVM111000 - IHT Business Property Relief: contents - HMRC internal manual - GOV.UK(reproduced for comment; publisher's terms)
- Apply for a share valuation for a share award under an employee shareholder agreement (VAL(reproduced for comment; publisher's terms)
- Income Tax (Earnings and Pensions) Act 2003(reproduced for comment; publisher's terms)
- Expanding the eligibility limits of the Enterprise Management Incentive scheme - GOV.UK(reproduced for comment; publisher's terms)
- Capital Gains Tax: what you pay it on, rates and allowances: Capital Gains Tax rates - GOV(reproduced for comment; publisher's terms)
- Bird & Bird: growth shares note(reproduced for comment; publisher's terms)
- ETASSUM57150 - Enterprise Management Incentives (EMI): Taxation of EMI options: Section 43(reproduced for comment; publisher's terms)
- Vestd help: how growth shares work(reproduced for comment; publisher's terms)
- gov.uk(reproduced for comment; publisher's terms)
Take this figure with you
The Growth Share Valuation Fees and HMRC Rules carries 6 published figures read from 5 sources' own pages, from 14 to 90 day, read 11 October 2026.
Of 15 named sources read in full, 7 publish a figure and 8 do not, read 11 October 2026.
Growth Share Valuation Fees and HMRC Rules, rule s431-election-window: median 14 day across 3 sources, read 11 October 2026.
Growth Share Valuation Fees and HMRC Rules, rule emi-disqualifying-event-window: median 90 day across 1 source, read 11 October 2026.
Growth Share Valuation Fees and HMRC Rules, rule restricted-securities-forfeiture-relief-period: median 5 year across 1 source, read 11 October 2026.
Growth Share Valuation Fees and HMRC Rules, rule sav-ess-valuation-validity: median 60 day across 1 source, read 11 October 2026.
Growth Share Valuation Fees and HMRC Rules, rule sav-agreement-target-turnaround: median 4 week across 1 source, read 11 October 2026.
Growth Share Valuation Fees and HMRC Rules, rule emi-company-option-limit-from-2026-04-06: median 6,000,000 GBP across 1 source, read 11 October 2026.
Growth Share Valuation Fees and HMRC Rules, rule emi-exercise-period-limit-from-2026-04-06: median 15 year across 1 source, read 11 October 2026.
Growth Share Valuation Fees and HMRC Rules, rule emi-gross-assets-limit-from-2026-04-06: median 120,000,000 GBP across 1 source, read 11 October 2026.
Growth Share Valuation Fees and HMRC Rules, rule employee-shareholder-minimum-share-award: median 2,000 GBP across 1 source, read 11 October 2026.
Growth Share Valuation Fees and HMRC Rules, rule sav-emi-valuation-validity: median 90 day across 1 source, read 11 October 2026.
Growth Share Valuation Fees and HMRC Rules, rule sav-request-accounts-years: median 3 year across 1 source, read 11 October 2026.
Suggested citation: "growthsharesvaluation.co.uk Growth Share Valuation Fees and HMRC Rules", updated 2026-10-11, https://growthsharesvaluation.co.uk/datasets/growth-share-valuation-fees-and-hmrc-rules/.
CSV download (13 rows, worked out 2026-10-11)