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Views sought on share-based payments
Minister Michael McGrath Pic: RollingNews.ie

06 Dec 2023 taxation Print

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.

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