Employee share incentive schemes are an effective way of offering tax savings to employees and encouraging employee participation and retaining staff. Share schemes are important as they allow the employee to participate and share financially in the growth of the company in a tax efficient manner. Many Irish companies operate share schemes and they have become a common feature of employee remuneration packages.
Mazars can assist you with the implementation of employee share incentive schemes. We can offer a comprehensive list of services such as advising on the appropriate scheme to use, drafting the relevant scheme rules and supporting documentation. We can also liaise with Revenue in relation to getting approval, as necessary, for certain schemes. We can also provide advice on the filing obligations for the company and for the participants of the schemes.
We have one of the largest teams of tax specialists in Ireland and provide a full range of services to small and medium sized enterprises, private and publicly quoted companies and individuals.