TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Key Employee Engagement Programme (KEEP)

Revenue’s Tax and Duty Manual – Share Schemes Chapter 9, which deals with the Key Employee Engagement Programme (KEEP), has been updated to reflect the changes to the definition of a “qualifying share option”.

The changes to the definition at section 128F 1(d) of the Taxes Consolidation Act 1997 were introduced by section 11 Finance Act 2018 but were subject to Commencement Order as EU approval was required. The Commencement Order (S.I. 424/2019) is signed and gives effect to the changes from 1 January 2019.

You can read the changes to section 128F 1(d) highlighted on TaxSource.