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Advice of valuation to local compliance office

When an Inspector has obtained agreed values for the securities, the information should be passed to the employees� or directors� local compliance office to ensure the appropriate compliance action is taken.

Under SA it may sometimes be necessary to open enquiries under TMA70/S9A in order to obtain the information needed to establish the securities� values. In such cases it is essential that the accounts Inspector and the compliance office work together to ensure that the necessary enquiry procedures are followed.
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Arrangements for tax-advantaged schemes

Where tax arises in a tax-advantaged scheme, valuations will be advised to tax offices either by notices issued by ESSU or via direct access to the Share schemes database. »Ê¹ÚÌåÓýappse valuations will not have been agreed by ESSU, they will be those entered on forms 34, 35 & 39.
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