Ireland – Share remuneration – PRSI update |
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- November 2011
- 318 KB
Ireland – Share remuneration – PRSI update- Area: Employers
Background
The Minister for Social Protection announced on 23 August 2011 that the employee PRSI charge will apply to all share-based remuneration from 1 January 2012, regardless of when any written agreements were entered into between the employer and employee. Please note that this announcement only affects PRSI and the position regarding PAYE/Income tax and Universal Social Charge remains unchanged from previous newsflashes.
Therefore from 1 January 2012, the employee PRSI charge will apply in all cases with the exception of shares already held in an Employee Share Ownership Trust before 1 January 2011.
