How do I fill in the HMRC notification file for conditional growth shares for employees and directors?

This article tells you how to fill out the file for initial notifications

You only need to tell HMRC about conditional growth shares if they have been awarded to employees or directors.

An initial filing needs to be made by July 6th following the tax year in which the options were granted. Once this filing has been made we recommend closing the scheme if there will be no more issues, this will avoid the need to submit nil notifications in subsequent years.

The file required, along with detailed HMRC guidance notes can be found here:

https://www.gov.uk/government/publications/other-employment-related-securities-schemes-and-arrangements-end-of-year-return-template

For the notification:

Fill in the third sheet, Other_Acquisition_V3. Most of the questions are reasonably self-explanatory, but a few may need a little help:

2. As this is a bespoke scheme that you have put together not in the aim of tax avoidance, answer "no"

19. Enter "1" for shares

25. Enter "1" as they have restrictions

26. Enter "1" as they bear the risk of forfeiture, if the conditions are not met

27. Enter total vesting period, or best estimate if not specific

28. Enter nominal value of shares, as they have been set at a hurdle to make them worthless on award

29. Enter nominal value of shares, as they have been set at a hurdle to make them worthless on award

30. Enter "yes", if an ITEPA 431 was entered into on share award

31. If yes, then "all"

32. Leave blank

33. Enter aggregate nominal value of the shares

35. Enter "no"

37. Enter "yes"

38-40. Enter "no"

Don't forget to close this scheme once you have submitted your notification.