Employment Related Securities Forum

An HMRC-sponsored forum, the Employment-Related Securities (ERS) Forum was formed to facilitate an open dialogue between HM Revenue & Customs (HMRC) and representative bodies on a range of operational, product and process issues relating to tax and employment-related shares and securities. Through a network of joint sub-groups, it will also provide for closer working and problem solving between HMRC and customers.

Please note that this forum no longer meets - discussions about employment related securities are now conducted in the Share Schemes Forum.

Membership

Organisation
Institute of Chartered Accountants of Scotland
IFS Proshare
Chartered Institute Of Taxation
Institute of Chartered Accountants England & Wales
Association of Tax Technicians
Association of Chartered Certified Accountants
Confederation of British Industry
Share Plan Lawyers Group
Quoted Companies Alliance
Employee Share Ownership Centre
Employee Ownership Association
British Venture Capital Association
HM Revenue & Customs Expatriate Forum
ICSA Registars Group

Terms of Reference

Purpose

The Forum will facilitate an open dialogue between HMRC and representative bodies on a range of operational, product and process issues relating to tax and employment-related securities. Through a network of joint sub-groups, it will also provide for closer working and problem solving between HMRC and customers.

Organisation

The meeting will be chaired by HMRC and take place under ‘Chatham House’ rule. The minutes will be agreed by those attending the meeting before being published on the HMRC website.

HMRC will provide the secretariat for the group. Agenda items will be compiled by the secretariat from suggestions by any group member. Agenda items and papers will be circulated to members of the group one week in advance of the meeting.

Meetings will be held quarterly or more often as agreed. The next meeting will normally be scheduled under ‘Any other business’, although any member of the group may request an earlier meeting should there be reason.

Members may send one representative to each meeting unless additional representation is agreed in advance with the Chair. All members will be invited to each meeting unless a specific sub-group is set up with the agreement of the meeting. Any sub-groups will report to the meeting as a whole.

Any requests to join the group should be made to the Chair.

Meeting Minutes

Meeting frequency - every three months.

Agenda 6 October 2015

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