Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 30 APRIL 2025

Share Plan Annual Returns – File By 6 July 2025 To Avoid Penalties!

Travers Smith LLP
Travers Smith LLP
Contributor
Travers Smith LLP

Travers Smith LLP

It is not just law at Travers Smith. We treat our clients’ business as our business, their dispute...

View firm profile
Explore more from Travers Smith LLP

If you operated an employee share plan or arrangement during the 2024/25 tax year, now is the time to start thinking about your annual...

United KingdomTax
Elissavet Grout
Elissavet Grout
Claire Prentice
Claire Prentice
Hugo Twigg
Hugo Twigg
Robert McGowan Stuart
Robert McGowan Stuart
Kulsoom Hadi
Kulsoom Hadi
Author LinkedIn connections

If you operated an employee share plan or arrangement during the 2024/25 tax year, now is the time to start thinking about your annual employee share plan reporting obligations. Annual returns for the last tax year must be filed online with HM Revenue & Customs (HMRC) by 6 July 2025 and are due in respect of all the employee share plans or arrangements you had in place during that period, even if there has been no activity.

The filing process can be time-consuming and tricky to navigate so the sooner you start it the better. If you need help in dealing with your returns, please get in touch with a member of the Travers Smith Incentives Team.

Points to note:

  • 6 July 2025 is a hard deadline, and an initial penalty of £100 will be due if a return is just one day late. Note that the deadline falls on a Sunday this year so we recommend you ensure HMRC has everything it needs from you by Friday 4 July at the latest.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

UK ‘Windfall’ Bank Tax Would Worsen An Already Complex System

UK banks face the prospect of a new windfall tax as campaigners push for additional levies on strong reported profits, while industry leaders warn of potential consequences for lending, investment, and the UK's position as a global financial centre. This analysis examines the practical implications of adding another layer to an already complex sector-specific tax regime that includes corporation tax, banking surcharge, and bank levy.
United KingdomTax
RPC
RPC
Article

Frequently Asked Questions About IRS Clearance And Form 706-NA

UK executors and beneficiaries dealing with US assets face significant delays in obtaining IRS Transfer Certificates, with waiting times now extending to two or three years. This comprehensive FAQ addresses the critical questions surrounding Form 706-NA applications, US estate tax requirements, and the practical challenges of administering estates containing US shares and investments when the deceased was not a US citizen.
GlobalTax
Lester Aldridge LLP
Lester Aldridge LLP
Article

Transfer Pricing Enquiries: HMRC’s Approach And Recent Cases

Transfer pricing litigation in the UK has historically been rare, but recent procedural cases reveal HMRC's increasingly aggressive approach to enquiries. With average enquiry durations now exceeding 40 months and transfer pricing yield surging to £3.4bn, understanding the legal boundaries of information requests and closure notice applications has become critical for multinational groups facing contentious disputes.
United KingdomTax
Macfarlanes LLP
Macfarlanes LLP
Article

Budget Tracker (2026)

The Chancellor of the Exchequer faces the formidable challenge of delivering his first Budget amid economic headwinds, geopolitical instability, and a wave of ambitious government promises. With GDP growth forecast at just 1.1%, inflation at 3.4%, and public sector net borrowing exceeding £115 billion, can he balance fiscal responsibility with pledges to avoid raising Income Tax, National Insurance, or VAT while funding increased defence spending and social care reforms?
United KingdomGovernment, Public Sector
Travers Smith LLP
Travers Smith LLP
Article

The EU Cyber Resilience Act's Vulnerability And Incident Reporting Requirements Are Now Live

The EU Cyber Resilience Act introduces mandatory vulnerability and incident reporting requirements for manufacturers of products with digital elements, effective September 2026. With tight 24-hour deadlines for initial reports and penalties reaching €15 million or 2.5% of global turnover, manufacturers must establish robust incident response procedures immediately.
United KingdomTechnology
Travers Smith LLP
Travers Smith LLP
Article

Nearly Out Of PERG-atory – But Not Quite Yet: Good News As The FCA Finalises PERG 18 On Cryptoassets, But With Even More Legal Changes To Come

Cryptoasset firms face a rapidly evolving regulatory landscape as the FCA's authorisation gateway opens on 30 September 2026. With the Financial Services and Markets Act 2000 (Cryptoassets) (Miscellaneous Amendments) Regulations 2026 laid before Parliament and the FCA's finalised PERG 18 guidance published within 24 hours, firms must navigate significant perimeter changes including new stablecoin payment exclusions.
United KingdomFinance and Banking
Travers Smith LLP
Travers Smith LLP
Article

SFDR 2.0 – European Parliament Negotiating Position: The Stage Is Set For Trilogue

The European Parliament has published its negotiating position on SFDR 2.0, setting the stage for trilogue negotiations between the Commission, Parliament and Council. With the asset management industry hoping for relief from the complexities of SFDR 1.0, the Parliament's proposals claim to simplify the regime while maintaining credibility of sustainability-related investments.
United KingdomFinance and Banking
Travers Smith LLP
Travers Smith LLP
Article

The Cyber Security And Resilience Bill: A New Era For Data Centre Regulation

The UK faces an average of four nationally significant cyber attacks per week, yet data centres—the backbone of the digital economy—have remained outside regulatory scope until now. The Cyber Security and Resilience Bill will fundamentally change this landscape, introducing mandatory incident reporting within 24 hours, substantial penalties for non-compliance, and a new regulatory framework overseen by Ofcom that applies to facilities exceeding specific power thresholds.
United KingdomTechnology
Travers Smith LLP
Travers Smith LLP
Article

What The UK's Tough New Rules On Late Payment Mean For Your Business

The UK Government is implementing sweeping reforms to late payment laws that will fundamentally change how businesses manage supplier payments. These changes include substantial fines for persistent late payers, mandatory statutory interest rates, and a prohibition on payment terms exceeding 60 days. With enforcement powers granted to the Small Business Commissioner and a new binding adjudication system...
United KingdomCorporate/Commercial Law
Travers Smith LLP
Travers Smith LLP