Employment-related securities service in difficulties.
HMRC has extended the deadline for submitting 2016-17 employment-related securities (ERS) returns to 24 August 2017 from 6 July after taxpayers encountered problems using HMRC’s ERS service. HMRC said the service is now working.
In line with the extended deadline, the first late filing penalty of £100 will not be charged until 25 August 2017. Additional automatic penalties of £300 will be charged if the return remains outstanding three months after the original deadline of 6 July, and a further £300 if it has not been filed after six months. Daily penalties of £10 a day may be charged after a nine-month delay.
More information is in the June edition of HMRC’s Employment-related Securities Bulletin 24.
