Approved Profit sharing scheme
Approved Profit Sharing Schemes Any free shares you receive from your employer are normally taxable. However, your employer may operate an Approved Profit Sharing Scheme (APSS). If so, your employer may allocate tax-free shares to you, provided you meet certain conditions. You must pay Universal Social Charge (USC) and Pay Related Social Insurance (PRSI) on the value of the shares. Your…
