You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
UK tax reporting rules require all share options and share awards to be reported to HM Revenue & Customs (HMRC) at the end of each tax year.
UK tax reporting rules require all share options and share awards to be reported to HM Revenue & Customs (HMRC) at the end of each tax year. The reports for the 2014/15 tax year, ending on 5 April 2015, are due for submission by 6 July 2015.
This year’s reports must be filed online. This requires an initial registration and then a submission process.
The online registration and reporting applies to all types of share plans, approved and unapproved. Where you have the following, you will need to register:
The employer will need to make the appropriate online registration. Where authorised to do so, F&L can handle this obligation on your behalf.
Failure to submit registrations and obtain reference numbers from HMRC before 6 July 2015 could result in penalties and/or the loss of tax relief for EMI.
For more information on the registration process, employee share plans or related securities, please contact a representative below:
+44 (0)20 7430 5913
+44 (0)20 7430 5936