ERSM163200 - International from 6 April 2015: reporting requirements - from 6 April 2015

If there is a reportable event, such as the exercise of an employment-related securities option, the ‘other’ template (previously Form 42) must be completed (see ERSM140000 onwards).

If Chapter 5B of Part 2 ITEPA03 applies such that part of the option gain is chargeable foreign securities income (see ERSM162600), there is no obligation for the employer to report any subsequent remittances of any chargeable foreign securities income. However, the option exercise must be reported