Employment-related securities rules can apply when employees or directors acquire shares, options or other securities in connection with their employment. This can include share issues, transfers, option grants, exercises and other share-related events. ApC can help businesses identify reportable events, understand the annual reporting process and prepare the relevant online submissions within the agreed scope.
HOW THIS HELPS YOU
Identify reportable events
Share issues, transfers, options and other securities events are reviewed for potential reporting. |
Register schemes
Relevant ERS schemes or arrangements can be registered with HMRC where required. |
Prepare annual returns
Online ERS returns are prepared and submitted using the information supplied by the company. |
Maintain consistent records
ERS reporting can be aligned with company records, payroll, accounts and Corporation Tax work. |
Reduce missed filings
A clear annual process helps avoid overlooked nil returns, late submissions and avoidable penalties. |
Coordinate specialist advice
We identify when share valuations, legal documentation or specialist share-plan advice may be required. |
THE ApC DIFFERENCE
ApC combines tax, accounting and company secretarial support, helping ensure share-related events are considered properly and recorded consistently. We explain the process clearly, coordinate the annual reporting with the wider company work and identify where valuations, legal documents or specialist share-plan advice need to be obtained separately.
OUR SERVICE CAN INCLUDE
- Review of share, option and other securities events
- ERS scheme registration support where required
- Preparation and submission of annual online ERS returns
- Nil return and scheme-closure support where applicable
- Reconciliation with company, payroll and tax records
- Liaison with legal or valuation specialists where agreed
Talk to ApC before issuing shares, transferring shares or granting options, so the reporting position can be considered early.
Form 42 is former terminology. Current employment-related securities reporting is completed through HMRC's online ERS service. Specialist valuation or legal advice may be required.