Register your employment related securities scheme

If you do not notify HMRC of your employment related securities (ERS) scheme by the following deadlines, you risk losing any tax benefits for you and your employees. 

You should register new tax-advantaged schemes by 6 July following the tax year they were set up.

If you miss this deadline, you’ll need to follow the late registration process. 

For Enterprise Management Incentives (EMI)

For Enterprise Management Incentives (EMI) options granted before 6 April 2024 you must tell us within 92 days of the date of grant.

If the options are granted after 6 April 2024, you must tell us by 6 July following the end of the tax year in which the grant is made. For example, you should have told us by 6 July 2026 for an option that was granted between 6 April 2025 and 5 April 2026.

You should register your non-tax-advantaged scheme by 6 July following the tax year when the first reportable event happened (such as acquiring or disposing of securities, or assigning or releasing securities options).

For example, you should have registered by 6 July 2026 if the first reportable event happened between 6 April 2025 and 5 April 2026.

You do not need to submit an ERS end of year return for a reportable event if all the following apply to the non-tax-advantaged scheme:

When an employee is employed by an Employer of Record (EoR), the EoR remains responsible for submitting the required returns.

Find out how employment related securities work if you’re an employer, including how non-tax-advantaged share schemes work.

Before you can register your ERS scheme, you must first register as an employer.

If you need to register as an employer, it can take up to 30 working days to get your PAYE reference number.

Add the PAYE service to HMRC Online Services