Whether there has been any activity on your EMI, growth share or unapproved options scheme or not, you must submit an annual notification to HMRC through their Employee Related Securities (ERS) system.
When activity has taken place
For example, if an employee has left the company or exercised their options, there have been changes to the scheme that HMRC needs to be aware of.
Please follow this help guide for submitting your annual notification.
When activity hasn't taken place
If there hasn't been any activity or changes to the scheme, you still need to submit an annual notification – called a nil return.
Please follow this help guide for step-by-step instructions on submitting a nil return.
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