Guidance
Late registrations for employment related securities
What to do if you miss the registration deadline for employment related securities.
When to register
If you do not register your employment related securities scheme with HMRC, you may lose tax benefits for you and your employees.
Find out when to register your employment related securities scheme.
If you miss the deadline
You’ll need to contact us in writing if you miss the deadline to:
- submit an Enterprise Management Incentives notification
- register a new Company Share Option Plan (CSOP) (also known as Enterprise Management Incentives 2 (EMI2))
- register a new Save As You Earn scheme
- register a new Share Incentive Plan scheme
You’ll need to explain why you missed the deadline. You can contact us:
- by email, at shareschemes@hmrc.gov.uk
- by post, at the following address:
Charities, Savings and International 1
HMRC
BX9 1AU
If you have a reasonable excuse
If we accept you have a reasonable excuse for missing the deadline, we’ll explain the next steps.
These will include how to:
- register your scheme late
- submit any late returns — we may ask you to use our secure file transfer service to do this
- submit any late Enterprise Management Incentives notifications
Late filing penalties
If you submit a late return, we may charge you late filing penalties. You can appeal a late filing penalty.