The Employee Shares & Securities Unit (ESSU) is responsible
for policy maintenance, technical advice and operational delivery
in relation to employee shares and securities and, through the
partnership with HM Treasury, for development of the tax regimes
that cover employee shares and securities.
The team provides policy advice and support to Ministers,
technical advice to HMRC offices, and guidance to employers and
their advisers. The team is responsible for processing the annual
information returns on which employers provide information about
employment-related securities. Information from these returns is
used to inform policy development and compliance risk assessment of
cases for enquiry. The team also examines and approves the rules of
employee share schemes that qualify for tax and NICs advantages and
administers the special provisions that apply to employment-related
securities in university spinout companies
The team is currently located at Room G/52, 100 Parliament
Street, London, SW1A 2BQ and can be contacted via the HMRC internet
at www.hmrc.gov.uk/shareschemes/
