Policy News Journal - 2014-15

 Customer insight survey  Enterprise Management Incentives – employee working time  Finance Bill 2014 - guidance  ERS service - FAQs

Employee share schemes statistics

27 June 2014

HMRC have published a report on take-up of tax-advantaged share schemes.

The HMRC report contains an interesting historical time series of data for share schemes.

Employment-related shares & securities bulletin – number 17

21 July 2014

Employment-Related Securities Bulletin 17 has been issued, providing information and updates on developments relating to employment-related securities, including the tax- advantaged employee share schemes.

The Bulletin includes updates on the online service, and on the interaction between returns of share related benefits and real time information.

Consultation on national insurance on securities for internationally mobile employees

30 July 2014

HMRC are now consulting on a proposed change to liability for earnings-related National Insurance Contributions from employment related securities income earned by internationally mobile employees. The proposal follows a recommendation from the Office of Tax Simplification (OTS) that the tax and National Insurance Contributions (NICs) treatment awarded to internationally mobile employees should be more closely aligned with that for other forms of employment income. This consultation seeks views and evidence on the potential impacts of the NICs legislative change.

Employment Related Securities Online Service

1 September 2014

HMRC have issued some new guidance about the Employment Related Securities (ERS) service, and in particular about Enterprise Management Incentive (EMI) notifications.

Here is the HMRC announcement:

Some of you have been telling us that you’d like more help in finding your way around the ERS service, and especially with Enterprise Management Incentive (EMI) notifications. In response, we’ve published some frequently asked questions about the ERS service, and placed a series of useful articles in our ERS bulletins

You can start sending us EMI notifications when:

 your client is set up on PAYE online

CIPP Policy News Journal

08/04/2015, Page 250 of 521

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