IBEC reported that Irish employers were facing elevated pay expectations from staff for 2024.[1] To remain competitive, employers are increasingly looking for innovative ways to attract new talent and retain their existing talent pool with meaningful rewards. Because of this, employee share incentive schemes have become hugely popular in recent times. Although tax benefits are not usually the sole driver for their introduction, employee share incentive schemes offer tax savings to both employers and employees while having flexibility to be designed to meet the individual circumstances of employers. Each type of employee share incentive scheme has its own rules, terms and conditions, and reporting obligations, which this article will discuss.
To continue reading...
Members, students and subscribers of the Irish Tax Institute can login using your username and password.
For information on subscribing please contact info@taxinstitute.ie