Employment Related Securities – From Year-End Compliance to Tax Planning

OBJECTIVES

This sessions aims to provide an understanding of the ERS regime, when there may be a tax charge and how a tax charge would be calculated. The session will explain the basics of the ERS rules and explain how employees can be incentivised with share awards tax efficiently. We will also cover the reporting requirements which are all too often overlooked.

KEY TOPICS

• Introduction to share awards and the basic principles of the ERS legislation.
• ERS HMRC Compliance & Reporting: Guidance on filing annual returns by the 6 July deadline, including reporting requirements for nil returns to avoid penalties.
• Tax Implications: Understanding Income Tax and National Insurance (NIC) charges upon exercise or disposal of securities, as well as the role of notional loans.
• Share Schemes & Incentives: Understanding tax efficient mechanisms for granting share awards to employees, include growth shares and EMI and CSOP share option schemes

WHO SHOULD ATTEND

This session is aimed at all advisors of owner-managed businesses who deal with general business and shareholder issues