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Share scheme return online filing

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PwC reports that, due to technical problems, companies trying to submit their annual share scheme returns online to HMRC since Friday 3 July have not been able complete the submission process. HMRC has extended the deadline for filing annual returns that were due by Monday 6 July by five working days from the date on which the online service is up and running again. This is not expected to happen until Monday 13 July at the earliest. HMRC is therefore advising companies to try the service again on 13 July.

PwC also reports that HMRC has said that its online technical problems did not affect the online share scheme registration system, the return template checking service or online EMI option grant notifications. However, HMRC has not yet confirmed how the automatic penalty process will work in practice for those who were not able to file their returns by 6 July because of the technical problems.