Form 42: UK reporting requirements for US corporate share schemes

Any company offering UK-based employees any form of rights in the company’s stock should be aware that these employees may have reporting obligations to the UK tax authorities. A UK resident employee receiving employment-related securities will likely face UK taxation consequences.

‘Employment-related securities’ is a wide term and covers almost every right in or over equity individuals have in their employer’s group. Its ambit goes beyond simple equity and covers most rights under a standard share scheme, including restricted stock units and restricted stock awards, as well as more straightforward stock grants and stock options. It also covers rights under UK-specific share scheme types, such as enterprise management incentives or company share ownership plans…

If you are registered and logged in to the site, click on the link below to read the rest of the DLA Piper briefing. If not, please register or sign in with your details below.

Sign in or Register to continue reading this article

Sign in


It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer


Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.


Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.


Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Briefings from DLA Piper

View more briefings from DLA Piper

Analysis from The Lawyer

View more analysis from The Lawyer


3 Noble Street

Turnover (£m): 1,566.29
No. of lawyers: 3,961 (UK 200)
Jurisdiction: global
No. of offices: more than 75
No. of qualified lawyers: 542 (International 50)
No. of partners: 142.6