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Here you can access relevant source documents which support the summaries of key tax developments in Ireland, the UK and internationally

Source documents include:

  • Chartered Accountants Ireland’s representations and submissions
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Revenue eBrief 21/09

Employee Share Schemes – Extended Date for Filing Returns of Information

Returns of Information for Revenue Approved Share Schemes

With effect from the 1st January 2009, the trustees of approved profit sharing schemes and approved employee share ownership trusts and companies operating approved share options schemes (SAYE schemes and Approved Share Option Schemes) are obliged to automatically file returns of information in respect of all such schemes.

The filing date for the year 2009 is 31 March 2009. The relevant forms Form ESS1 for the Approved Profit Sharing Scheme; Form SRSO1 for the SAYE scheme; Form SOS1 for the Approved Share Option Scheme, and Form ESOT1 for the Employee Share Ownership Trust) are now available on the Revenue website at www.revenue.ie > Taxes & Duties > Income Tax > Forms.

Due to the delay in the availability of these forms the return filing date has been extended to 30 April 2009.

Returns of Information for Convertible Securities Awarded to Directors and Employees

Companies who awarded convertible securities to directors and employees in the year ended 31 December 2008 are obliged to file a return of information in relation to those securities on or before 31 March 2009. The relevant form CS1 is now available on the Revenue website at the location mentioned above.

Due to the delay in the availability of this form the return filing date has been extended to 30 April 2009.

Returns of Information for Restricted and Forfeitable Shares Awarded to Directors and Employees

Companies who awarded restricted or forfeitable shares to employees on or after 20 November 2008 are obliged to file a return of information in relation to those shares on or before 31 March 2009.

Restricted shares acquired by directors and employees during the year 2008, on the exercise of shares options, including shares acquired between 20 November 2008 and 31 December 2008 should be returned on the form SO2 for 2008.

In the case of restricted or forfeitable shares acquired other than on the exercise of share options, details should be returned on form P11D (return of benefits). Restricted shares awarded between 20 November 2008 and 31 December 2008 should be highlighted on the form.

Forms SO2 and form P11D are available on the Revenue website at the location mentioned above.

A specific form for restricted and forfeitable shares will be available for the year 2009 and subsequent years.