Reporting share & security transactions to HMRC If you’re an employer operating a share scheme on behalf of your employees or have carried out other employment-related securities transactions, you may need to notify HMRC and submit an ERS return, also known as a Form 42. The Employment Related Securities (ERS) return should be submitted online by 6th July following the end … Read More
EMI schemes – incentivise your staff and save tax
EMI schemes – incentivise your staff and save tax It’s increasingly popular for smaller companies to operate tax-advantaged share option schemes, giving key employees the chance to buy shares in the business at preferential tax terms. Often unable to match the salaries of larger businesses, smaller companies use Enterprise Management Incentive Schemes as a way to attract and retain top … Read More
Reporting share & security transactions to HMRC
Reporting share & security transactions to HMRC If you’re an employer operating share schemes on behalf of your employees, you’ll need to notify HMRC and submit an ERS return. The Employment Related Securities (ERS) return should be submitted online by 6th July following the end of the tax year and can be done by either the employer or an agent … Read More