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HMRC internal manual

Employee Tax Advantaged Share Scheme User Manual

HM Revenue & Customs
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Enterprise Management Incentives (EMI): Option notifications: Annual returns – Electronic filing

For the years 2014-15 onwards, companies must submit their EMI annual return electronically (paragraph 52A(1)). This is mandatory. If a company feels it is unable to file online for some reason, it should provide full details explaining why this is the case to the Employee Shares & Securities Team -

Post: Room G47, 100 Parliament Street, London, SW1A 2BQ,

E-mail: Shareschemes mail to: .

A penalty may arise if a company does not file its return and any information accompanying the return electronically, unless HMRC has agreed that the company may file its return in another way, for example on paper (paragraph 57B(1)).

The company secretary is responsible for the information submitted in the return. The annual return must be submitted by 6 July following the end of the tax year to which the return relates.

Guidance on registering schemes and submitting annual returns can be found here: