Employer Job (PRSI) Incentive
Restricted share plans
The purpose of implementing employee share schemes will often be two fold, with an employer seeking to both incentivise and retain employees.
Tax advantages of restricted shares
• The taxable value of the shares can be reduced based on the restriction on the shares.
• Growth in the value of the shares following acquisition will be subject to capital gains tax (33%) rather than income tax,USC and PRSI.
• No employer PRSI is payable