Late registrations for employment related securities
What to do if you miss the registration deadline for employment related securities.
If you fail to tell HMRC about your employment related securities scheme, you may lose tax benefits for you and your employees. 听
Find out more information about important deadlines.听
Tax-advantaged schemes听
By 6 July following the end of the tax year in which the first award of shares or first grant of options is made you must register your:听
- Share Incentive Plan听
- Save As You Earn Scheme听
- Company Share Option Plan听听
Once you have registered your scheme, you must submit your end of year return by 6 July following the end of the tax year.
Enterprise Management Incentives (EMI)听
You must tell HMRC about a grant of an바카라 사이트�EMI바카라 사이트痮辫迟颈辞苍.
You will need to register your EMI바카라 사이트痵cheme first. Once you바카라 사이트檝e registered, you will need to submit your바카라 사이트�EMI바카라 사이트痭辞迟颈蹿颈肠补迟颈辞苍 by the deadline and submit your end of year return by 6 July following the end of the tax year.
Non tax-advantaged schemes听
For non tax-advantaged share schemes, where there is a reportable event, you must submit an end of year return by 6 July following the end of the tax year. Once registered, if there are no events to report, you must still submit a nil return by 6 July following the end of the tax year.
If you miss the deadline听
You바카라 사이트檒l need to contact us in writing if you miss the deadline to:
- 听register a new Company Share Option Plan (CSOP)
- 听register a new Save As You Earn (SAYE) scheme
- register a new Share Incentive Plan (SIP) scheme
- submit an바카라 사이트�EMI바카라 사이트痭辞迟颈蹿颈肠补迟颈辞苍
You바카라 사이트檒l need to provide a reason why you missed the deadline. You can contact us:
- by email, at听shareschemes@hmrc.gov.uk
- by post, at the following address:
Charities, Savings and International 1
HMRC
BX9 1AU
If you have a reasonable excuse听
If we accept바카라 사이트�you have a reasonable excuse바카라 사이트痜or missing the deadline, we will explain the next steps.听
These will include how to:听
- register your scheme late听
- submit any late returns听
- submit any late바카라 사이트�EMI바카라 사이트痭辞迟颈蹿颈肠补迟颈辞苍s听
We may also ask you to use a safe data transfer method to submit any late returns.바카라 사이트疕MRC바카라 사이트檚 preferred method for data transfer is the바카라 사이트�Secure Data Exchange Service바카라 사이트�(SDES).听
Late filing penalties听
Submitting a late return, may result in you being charged late filing penalties.听Find out more information about바카라 사이트�how to appeal any late filing penalties.
Updates to this page
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The postal address for sending HMRC a reason for missing an employment related securities scheme deadline has been updated.
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First published.