Form 12 Part 63 Employee Share Purchase

W

waterfall

Guest
I'm completing a Form 12 for an Employee who bought shares in company in 2007, it wasn't an approved revenue scheme, would the €6,350 relief apply?
 
As a PAYE worker, I purchase shares in the company I work for at a discount on a 6 monthly basis (non approved scheme). RTSO is due within 30 days of the exercise date and a Form 11 return must then be submitted.
 
Re purchase of shares in a company - this is covered by S479 TCA97.

Must be an eligible employee and eligible company to qualify.

The are a further 7 conditions that need to be fulfilled for the relief to apply.