3rd July 2023 Posted by - Alexander Accountancy
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, spreadsheet 42 should be used to report on any other employment-related securities (non-tax-advantaged) issued to employees and directors.
We can, of course, assist you with the reporting obligations and with the valuation of the securities concerned. Call 01283 743851 or Click here to Contact Us