Views sought on share-based payments
The Department of Finance has launched a public consultation on the taxation of share-based payments to employees in Ireland.
In his Budget 2024 speech, Minister for Finance Michael McGrath (pictured) had said that a consultation would form part of a wider review of the issue that would start shortly.
The public-consultation period will run until 22 January 2024.
Costs to Exchequer
The consultation seeks views on how Ireland’s share-based remuneration environment is operating for all users, how its use can support economic activity, and how to ensure that Ireland meets international best-practice standards.
“Respondents should reflect on potential impacts of suggested changes to the current regime, and provide analysis of the Exchequer cost/yield of their suggestions or proposals,” the department says.