When to register

Find out whenmore toinformation about important deadlines. 

Tax-advantaged schemes 

By 6 July following the end of the tax year in which the first award of shares or first grant of options is made you must register your: 

• Share Incentive Plan 
• Save As You Earn Scheme 
• Company Share Option Plan  

Enterprise Management Incentives (EMI) 

You must tell HMRC about a grant of an EMI option.

You will need to register your EMI scheme first. Once you’ve registered, you will need to submit your EMI notification by the deadline and submit your end of year return by 6 July following the end of the tax year.

Non tax-advantaged schemes 

For non tax-advantaged share schemes, where there is a reportable event, you must submit an end of year return by 6 July following the end of the tax year. Once registered, if there are no events to report, you must still submit a nil return by 6 July following the end of the tax year.

If you miss the deadline 

You’ll need to contact us in writing if you miss the deadline to:

• register register a new Company Share Option Plan (CSOP)
• register register a new Save As You Earn (SAYE) scheme
• register a new Share Incentive Plan (SIP) scheme
• submit an Enterprise Management Incentives notificationan EMI notification

You’ll need to explainprovide a reason why you missed the deadline. You can contact us:

• by email, at shareschemes@hmrc.gov.uk
• by post, at the following address:

If you have a reasonable excuse 

If we accept accept you have a reasonable excuse for for missing the deadline, we’llwe will explain the next steps. 

These will include how to: 

• register your scheme late 
• submit any late returns —returns 
• submit weany late EMI notifications 

We may also ask you to use oura securesafe filedata transfer servicemethod to do this

Late filing penalties 

IfSubmitting you submit a late return, we may chargeresult in you being charged late filing penalties. Youpenalties. Find canout more information about how to appeal aany late filing penaltypenalties.