CSOP, SAYE OR SIP share schemes: urgent action requiredPrint publication
IMPORTANT, ACTION REQUIRED:
If your company has a CSOP, SAYE or SIP share scheme approved by HMRC you must take action now to notify HMRC even though it is already approved by HMRC.
If the company fails to notify HMRC of its existing CSOP in the new notification form by 6 July 2015, not only all future options but options already granted will not deliver the anticipated tax benefits.
If a company fails to notify HMRC of an existing SAYE or SIP in the new notification form by 6 July 2015 all options and awards granted after 6 July 2014 will not deliver the anticipated tax benefits.