by ITAS Accounting | Feb 20, 2024 | General
From January 2024, the way in which Employee Share Purchase Plan’s (ESPP) are taxed has changed. Whether you’re an individual participating in an ESPP or a small business owner offering these plans, these changes affect you! What is an ESPP? An ESPP is a way for...
by ITAS Accounting | Jun 12, 2023 | General
Revenue have recently written to a number of taxpayers with a ‘Notification of Level 1 Compliance Intervention Re: Tax Liability of Share Options Exercised’. Below, we will provide an explanation of what this letter means and the steps involved. So, what does this...
by ITAS Accounting | Dec 7, 2022 | Advice
If you dispose or transfer taxable assets between 1st January 2022 and 30th November 2022, you will need to pay capital gains tax on any gains by 15th December 2022. Your 2022 Tax Return will be due to be filed by 31st Oct 2023 either through F11, F12 or CG1 depending...
by ITAS Accounting | Aug 16, 2021 | Advice
Have you sold, gifted or transferred any assets between 1st January – 30th November 2021? If Capital Gains Tax (CGT) is due on these, this must be paid by 15th December 2021. Payment deadlines for CGT are as follows: Disposals between 1st January & 30th November...
by ITAS Accounting | Aug 10, 2021 | Advice
Some employers offer a share-based payment to their employees or options to buy shares within the company through an employee share scheme. But are you aware of your tax implications if you are in receipt of these shares? Do you know if your shares are subject to...
