Tax

How to entice SME staff to take up and Keep share options

The Tax Strategy Group has some good suggestions on how to make the much-needed Key Employee Engagement Programme more user friendly

The aim of the Key Employee Engagement Programme (Keep) is to help smaller firms that can’t compete with larger firms in cash remuneration terms to retain and attract employees. Illustration: Getty

Much has been written about whether the government will introduce a 30 per cent income tax rate in the next budget and the recently released Tax Strategy Group (TSG) budget 2023 papers outlined some of the issues around such a move.

The TSG is a government think tank chaired by the Department of Finance. According to its website, the group “is not a decision-making body and the papers produced are simply a list of options ...