HMRC has published its latest employment related securities (ERS) bulletin – its first since September 2017 – which offers information on this topic, including tax-advantaged employee share schemes.
This edition includes articles on:• Save as You Earn (SAYE) savings holiday• ERS online data• common issues• top things to remember.The bulletin also reminds employers to electronically submit their ERS annual return for 2017 to 2018 on or before 6 July, following the end of the tax year.
All annual returns for ERS have to be submitted online by 6 July. All new schemes established during 2017 to 2018 should be registered by 6 July. For new Company Share Option Plans, Share Incentive Plans and SAYE schemes established during 2017 to 2018 – these schemes can’t be registered once the 6 July deadline has passed and you’ll be prevented from submitting an annual return.
