Policy News Journal - 2013-14

 Form 35 (2014) Company Share Option Plan (CSOP)  Form 39 (2014) Share Incentive Plan  EMI 40 (2014) Enterprise Management Incentives.

Share schemes – annual returns

23 January 2014

HMRC has published Form 42 (2014) for employers to file employment-related securities information at the end of the tax year.

Follow this link for full details of all updated annual return forms for approved and unapproved share schemes.

Employment Related Securities - administration changes

23 January 2014

HMRC is changing the way both new and existing employee share schemes and arrangements are administered.

The changes affect:

 Enterprise Management Incentives (EMI)  Company Share Option Plans (CSOP)  Save As You Earn option schemes (SAYE)  Share Incentive Plans (SIP)  any non-tax advantaged arrangements

If you're an employer operating this type of scheme or arrangement, find out what you need to do by following the link below.

Employment Related Securities - administration changes

Employment related securities forum minutes of December 2013

6 February 2014

The minutes of the employment related securities forum from the 9 December have been published and are available at the HMRC website.

The minutes along with the agenda and action log are available in the consultations section of the HMRC website.

The minutes record that a small sub-group of the forum is to be set up to consider how business might look to use the tax efficient employer ownership opportunities being introduced that will provide an income tax exemption up to £3,600 per year for certain payments made to employees of a company controlled by an employee ownership trust.

Employment-related shares & securities bulletin – number 13

12 February 2014

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

CIPP Policy News Journal

16/04/2014, Page 261 of 519

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