denisoleary
Registered User
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- 18
I work for a company in Dublin, thats registered in the UK.
We have a sharesave program, save upto €500 a month for 3-5 years.
Before Brexit, this was a revenue approved program, so after the 5 years we pay USC and PRSI on the gain. We then pay CGT on selling the shares.
After brexit, this is a non-revenue approved scheme, now we owe PRSI at 40%, USC and PRSI on the taxable gain. We then pay CGT on selling the shares.
We still get a 20% discount when buying the shares.
Do you think i should just set the money aside myself and put into other savings and investments or go for this non-revenue approved sharesave program?
We have a sharesave program, save upto €500 a month for 3-5 years.
Before Brexit, this was a revenue approved program, so after the 5 years we pay USC and PRSI on the gain. We then pay CGT on selling the shares.
After brexit, this is a non-revenue approved scheme, now we owe PRSI at 40%, USC and PRSI on the taxable gain. We then pay CGT on selling the shares.
We still get a 20% discount when buying the shares.
Do you think i should just set the money aside myself and put into other savings and investments or go for this non-revenue approved sharesave program?