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United Kingdom
United Kingdom
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Securities definition What does Securities mean? In legal practice, securities are tradable instruments that evidence ownership or debt, typically shares, bonds/debentures, and related instruments (for example, warrants), used in corporate finance and capital markets transactions. The term is used across multiple legal contexts and is often defined by statute. In the UK, under the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (RAO), “securities” denotes a grouping of specified investments (for example, shares, debentures, government and public securities, warrants and certificates representing certain securities), distinct from “contractually based investments” and “other investments.” Separately, UK regulation and EU-derived frameworks use “transferable securities” (a MiFID/Prospectus...
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HMRC contacts and procedures for employment-related securities and share schemes: non-statutory clearances, EMI advance assurance and penalties, joint NICs elections, SAV valuations, EBTs and online support (UK)
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Practice notes
HMRC is made up of specialist teams that handle defined aspects of employment-related Securities (ERS) and share plans. The HMRC team you should approach varies according to the precise matter at hand.
General employment related securities
Previously, technical questions on tax-advantaged share schemes and ERS were channelled to the Employee Share Schemes Unit, while technical questions about Enterprise management incentives (EMI) went to the Small Company Enterprise Centre. Following Employment Related Securities Bulletin 30 (October 2018), HMRC appeared to be actively steering such questions—other than advance assurance applications (see: EMI advance assurance below)—through the non-statutory clearance route. This stance was confirmed, with further explanation, in Employment Related Securities Bulletin 39 (August 2021). Nevertheless, in contrast to that direction, HMRC later amended its Contact HMRC page to say that for any general ERS matters, including registering ERS schemes and arrangements, contact should be by phone on 0300 322 7074. Moreover, for technical enquiries on ERS, share schemes and EMI schemes, HMRC can be contacted in writing at HM Revenue and Customs Charities, Savings and International 1 BX9 1AU, UK, or by email as appropriate, in line with the guidance, using the details above as necessary for your specific circumstances and needs...
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Web page updated on 22/05/2026
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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...
I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...
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