Government launches study on how share options are taxed

SMEs could be in line for a significant boost after the Department of Finance launched a public consultation into how share options are taxed.

Smaller businesses have long criticised the current model which sees employees taxed on the shares they take in a business at an earlier stage than in many other countries.

SMEs argue that this acts as a disincentive for prospective new hires and makes smaller businesses less competitive in attracting talent.