Reporting share & security transactions to HMRC

share schemes

If you’re an employer operating share schemes on behalf of your employees, you’ll need to notify HMRC and submit an ERS return, also know and a Form 42. 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 (typically an … Read More

Form 42 deadline for reporting employment-related securities

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

Form 42 – Filing deadline looming

Companies operating unapproved share schemes are required to submit a Form 42 to HMRC informing of any reportable events relating to its own shares. There is also the requirement to submit a Form 42 to HMRC if one has been issued, even if there is nothing to report. What needs reporting on the Form 42? The following is a list … Read More