The sixth Employment-Related Shares & Securities Bulletin providing information and updates on developments relating to employment-related securities, including the tax-advantaged employee share schemes has been published.

The sixth bulletin looks at a trial whereby HMRC has worked with members of the ERS Forum Tax Advantaged Share Schemes sub-group to design a ‘quick HMRC response’ arrangement for certain enquiries, which started on a four month trial basis from last month. This trial will help HMRC assess whether to offer such an arrangement on a permanent basis.

The bulletin also looks at the December 2012 announcement that the Government intends to review whether the tax rules for research institution spin-out companies remain relevant to arrangements under which such research institutions commercialise intellectual property.

The bulletin is reproduced on here.