I have the following situation and would like to know is if this needs to compelted on form 42.
Company A is owed by two directors B and C. Share split 60% B and 40% C. B exist the business and sells 60% to C.
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Form 42 no longer exists
has been replaced by a template spreadsheet called “other employment related securities schemes and arrangements”. It is found amongst the new spreadsheet templates for the other types of share scheme
It's a transaction in
It's a transaction in securities so potentially caught.
Also note that this year all filing must be on line, no paper forms. The employer must register and this can take time so don't leave it to the last minute.