2022/23 Employment-Related Securities Returns due by 6 July

The deadline for reporting shares and securities and share options issued to employees for 2022/23 is 6 July 2023. This is the same as the deadline for reporting expenses and benefits provided to employees on form P11d for 2022/23.

Employers must submit their employment-related securities annual returns online and attach the appropriate spreadsheet template if they have something to report. HMRC provide templates on their website that may be downloaded in order that the information may be entered and uploaded. Note that there are different templates for each of the four tax-advantaged employee share schemes – Company Share Option Plan (CSOP), Enterprise Management Incentives (EMI), Save and You Earn (SAYE) share options and Share Incentive Plans (SIP). In addition, there is a spreadsheet “Other ERS schemes and arrangements” which should be used to report any other employment-related securities (non-tax-advantaged) issued to employees and directors.

We can assist you with the completion of the reporting obligations and the valuation of the securities concerned.

For more information, please talk to our tax experts at js.tax@jsllp.co.uk, who will be delighted to assist!