Tax and Reporting Implications of Employment Related Securities (ERS)

Name: Tax and Reporting Implications of Employment Related Securities (ERS)
Availability: InStock

Understand and learn how to apply the detailed technical guidance on the tax implications of employee share schemes & option schemes.

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A half-day ERS online training presented in a virtual class

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In-house pricing available – often more cost-effective for teams of 10+

Download: Course Outline

Introduction to Share Awards

ERS training begins by looking at the meaning of employment-related securities
Phantom share awards
Scope of legislation (ITEPA)
Exception – family transactions

Basic Principles

Income tax
National insurance
Capital gains tax on shares issued to employees’ awards

Restricted Securities

Exceptions to normal tax rules
Tax charges that arise when restrictions are removed
Elections that can vary the normal tax rules

Convertible Securities

Normal tax rules
Exception
Calculations

Shares Artificially Suppressed in Value

Charge on acquisition

Shares Artificially Enhanced in Value

De minimis exception
Charging rules

Shares Acquired at Less Than Market Value (If Not Caught by Items Above)

Amounts treated as employment income

Securities Disposed of for More Than Market Value

Post-Acquisition Benefits Received Concerning Employment-Related Securities

Notional Loans

Employment-related securities tax sessions cover when they arise
Taxable amount
Example
Discharge of loan

Unapproved Share Options

Tax charge on exercise

Approved Share Schemes (Sharesave, CSOPs, EMI, SIPs)

Conditions
Tax charges

Internationally Mobile Employees

The importance of residence for tax charges
Calculation of chargeable UK income from employment share schemes reporting
Recent case law decisions are covered in ERS training

Using Share Awards in the Current Environment – Trading Salary for Shares

Annual Employment Related Securities Reporting of Share Schemes

Employment Related Securities Course Case Studies

Calculations with restricted securities
Effect of the S431 election
Effect of the S430 election
Calculations with convertible securities
When notional loans arise and the consequent tax charges
Notional loans when the shares are disposed of
Share options for internationally mobile employees (foreign service income and taxable share income)

ERS training courses are delivered by a Director of a consultancy company specialising in taxation, share scheme advice, reward and lecturing. Jeremy has developed a specialised share scheme service for small companies and advises FTSE companies on communication. The lecturing covers most aspects of Direct Taxation, but his particular interests include employment taxation and transfer pricing, which pose unusual conceptual challenges.

Prior to this, he worked for Henderson for nearly 9 years, leading the Share Schemes team for part of this time.

The trainer took the level 7 CIPD Master's qualification whilst at Henderson. Before this, he was with Australia Mutual Provident (AMP) and helped establish one of the first Share Incentive Plans (SIP) for large companies in 2001. It was so unusual at the time that the Revenue phoned him up to find out how they could encourage more large companies to adopt SIP.

Our ERS training lead began his career in taxation and, for the following 16 years, worked in three of the “Big Four” accountancy firms. He ended up as a Senior Manager with Deloitte & Touche, having worked on issues such as profit-related pay, share schemes, expatriate tax, tax investigations, reward management, US taxation, transfer pricing and corporate tax.

This ERS online training will provide a clear understanding of the specific guidance, including exceptions applicable to rules.
Identify when income tax and national insurance charges arise in connection with employment-related securities.
Identify what elections can be made to vary the normal tax treatment and in what circumstances this is beneficial or disadvantageous.
Understand conditions that must be met for a scheme to be ‘tax-advantaged’, including Sharesave schemes tax, Company Share Option Plans, Enterprise Management Incentive options and Share Incentive Plans.
ERS courses allow you to identify aspects of each scheme the company operates that are to be reported in the ERS annual return share schemes.

Redcliffe’s ERS training is highly practical and includes multiple examples to assist with understanding rules.
Sessions are presented by an independent training professional and can include a completely independent look at issues raised.
This course encourages participation, allowing all questions and clarifications to be considered.
Training remains current and relevant to 2025.

ERS training courses are a ‘must know’ for professionals dealing with the tax compliance of individuals in receipt of ERSs and/or the companies that issue them.

The course is a ‘nice to know’ for non-tax professionals to understand the tax implications for individuals and companies who are party to ERSs.

ERS courses at Redcliffe Training will help you master the tax implications of employee share schemes and option ERS schemes. Participants discuss the various income tax and potential national insurance liabilities arising from non-tax-advantaged schemes and the conditions required for a scheme to be tax-advantaged.

Through several extensive examples, delegates will learn how the calculations work and what information must be reported to HMRC each year regarding share schemes in the annual employment-related securities return.

Very practical and understandable course.
The presenter was excellent, and it was easy to ask questions. Well structured. I will be more confident with my understanding of how to approach ERS awards in my organisation and the implications from a compliance perspective.
We need to do the ERS filing annually. The course gave me a deeper understanding of the issues.

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(min. 50 participants)