What can I do in the ERS service?
Within the ERS service you can:
- register new and existing Share Incentive Plans (SIP), Company Share Option Plans (CSOP), Save As You Earn (SAYE) tax advantaged share schemes (this includes any tax advantaged schemes that received approval from HM Revenue and Customs (HMRC) prior to 6 April 2014)
- register new and existing Enterprise Management Incentives (EMI)
- register new and existing arrangements which are non-tax advantaged
- notify the grant of EMI options
- view details of when your last return was submitted
All new and existing share schemes and arrangements need to be registered with HMRC in the ERS service. Where you are registering any of the following tax advantaged schemes you will also need to self-certify that they meet the relevant legislative requirements to be tax advantaged:
Although tax advantaged, EMIs do not require self certification.
Where you offer any other type of securities arrangements which are non-tax advantaged, these must also be registered. You can register one 'Other' scheme to cover all of these arrangements or register them individually.
