Employers must submit their employment-related securities annual returns online and attach the appropriate spreadsheet template if they have something to report. HMRC provide templates on their website that may be downloaded in order that the information may be entered and uploaded. Note that there are different templates for each of the four tax-advantaged employee share schemes – Company Share Option Plan (CSOP), Enterprise Management Incentives (EMI), Save and You Earn (SAYE) share options and Share Incentive Plans (SIP). In addition, there is a spreadsheet “Other ERS schemes and arrangements” which should be used to report any other employment-related securities (non-tax-advantaged) issued to employees and directors.
We can assist you with the completion of the reporting obligations and the valuation of the securities concerned.
For more information, please talk to the tax experts at js.tax@jsllp.co.uk, who will be delighted to assist