SME staff retention scheme to cut tax due on share options
Employees with share options will pay capital gains rate of 33% and can delay payment
The Key Employee Engagement Programme (Keep) would “support SMEs in their efforts to attract and retain key employees”, said Minister for Finance Paschal Donohoe
Key staff with share options in tech start-ups and other small businesses will pay less tax on these, and delay paying the bill, under a new scheme that is the centrepiece of the Government’s budget pitch to the enterprise sector.