Q&As

How do I terminate a share scheme registered in error or that is no longer required?

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Published on LexisPSL on 17/10/2019

The following Share Incentives Q&A provides comprehensive and up to date legal information covering:

  • How do I terminate a share scheme registered in error or that is no longer required?

Details on how to terminate a registered share scheme are contained in Employment Related Securities Bulletin 24 (June 2017) and Employment Related Securities Bulletin 25 (September 2017).

To cease a share scheme, you should access the Employment Related Securities (ERS) service through the company’s Pay As You Earn (PAYE) for employers account.

  1. select ‘View schemes and arrangements’, you’ll need to scroll down to the bottom of your screen to view schemes and arrangements

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