COVID-19 is presenting unique and unprecedented challenges for employers, who have to quickly react to workforce related issues in an ever-evolving situation. Employers now need to make difficult decisions to ensure that their businesses can navigate their way out of this crisis. A key area of focus at this time is payroll cost reduction. Our Employment Pensions & Incentives teams have been advisi
COVID-19
A restricted share or “clog” arrangement provides a tax efficient means of rewarding employees who receive free or discounted shares from their employer. Normally, the value of the shares (or the discount) is a taxable benefit in kind giving rise to income tax, USC and employee PRSI.
Commercial ContractsAs the year draws to a close, many employers are re-setting their "leave year" clock and the natural question of what will happen to any untaken annual leave entitlement arises. While Ireland's Organisation of Working Time legislation entitles all employees to 20 days' statutory leave in any given leave year (pro-rated for part-time staff), it is a matter for the individual employer whether to...
EmploymentThe APSS is an arrangement approved by the Revenue Commissioners which operates in tandem with an employee trust. It is a way of paying bonuses by awarding shares to employees in the employer’s ultimate parent company free of income tax.
Pensions & IncentivesRevenue Approved SAYE Schemes are a tax efficient way of granting share options to employees.
Pensions & IncentivesAs primary schools across the country are wrapping up their final term this month, the question of childcare over the summer months is at the forefront of many parents' minds, and so too the issue of parental leave entitlement.
EmploymentThe challenges faced by female entrepreneurs need to be proactively addressed to create conditions conducive to scaling their businesses
Commercial ContractsThe Irish Minister for Finance Michael Noonan announced today some very welcome news in the area of share based remuneration for Irish businesses.
Employment
