Tax
Tom Maguire: Exemption from employer’s PRSI effective as it encourages offers of shares to employees
SMEs need to be able to offer incentives to attract and retain staff when they can’t afford to fund higher cash remuneration
The Department of Finance’s public consultation on Ireland’s taxation of share-based remuneration closed on January 22.
It’s understood that the responses will feed into the overall review of this space which will be undertaken over the coming months.
You might recall that last year’s Tax Strategy Group’s (TSG) Budget 2024 papers noted that the the department was considering limiting the blanket exemption from employer PRSI on share-based remuneration.
“A review of this matter will form ...