Policy News Journal - 2012-13

EMPLOYMENT-RELATED SHARES & SECURITIES BULLETIN

13 March 2013

The latest issue of the Employment Related Shares & Securities Bulletin has been published.

The seventh edition covers the following issues:

 Amendments to rules to reflect automatic changes under FB13  Review of new schemes drafted to take account of changes in Finance Bill 2013  S431 elections in CSOP scheme rules  SIP - termination of a plan  SAYE seven year contract prospectus change

Employer Annual Return

UPDATED GUIDANCE ON CORRELATION ID

20 October 2011

When you file your Employer Annual Return online the submission is received at the Government Gateway where an identity reference, called a 'correlation ID' is attached. This ID is not ample evidence that a successful submission had been made. There have been conflicting interpretations of the guidance provided by HMRC so for clarity they have updated their guidance regarding acceptance and rejection messages when you file online. When you file your Employer Annual Return online, the submission is received at the Government Gateway where an identity reference - called a 'correlation ID' - is attached. This allows HMRC to track the progress of the submission. Receiving the correlation ID does not indicate that the submission has passed the filing checks - just that it has been received at the Government Gateway. Your submission is then sent from the Gateway to HMRC to be checked for errors and omissions, after which you will get an acceptance or rejection message through the software or service you use. If you've provided HMRC with an email address, you will also get an email message. These messages are usually issued within a minute of filing, but it can take longer if your return covers a large number of employees. Acceptance and rejection messages when you file online

If you do not receive either an acceptance or rejection response, please contact HMRC's Online Services Helpdesk.

You are advised to take a screen print of any acceptance or rejection messages and keep a copy of any emails you receive.

Extra Statutory Concession - ESC A19

EXTRA STATUTORY CONCESSION A19 CONSULTATION

CIPP Policy News Journal

12/04/2013, Page 157 of 362

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