Enterprise Management Incentives (EMI): Option notifications: Annual returns - Appeals
A company may appeal against HMRC’s decision that the company is liable to a penalty in relation to their annual return or the information accompanying the return.
A company may also appeal against the amount of a penalty.
An appeal must be made within 30 days of the notice of assessment of the penalty. Appeals should be made in writing to the Employee Shares & Securities Team -
Post: Room G47, 100 Parliament Street, London, SW1A 2BQ,
E-mail: Shareschemes mail to: .
Where an appeal in relation to a decision that a penalty is due is notified to a Tribunal, the Tribunal may affirm or cancel the decision (paragraph 57E(4)). Where an appeal in relation to the amount of a penalty is notified to a Tribunal, the Tribunal may affirm the amount of the penalty or substitute another amount (paragraph 57E(5)).