Finance Bill 2017 – Key highlights

Key Employee Engagement Programme (KEEP) Where an employer grants an option to an employee to buy shares in a company and the employee exercises the option, she/he is currently liable to Income Tax, PRSI and USC before receiving any cash. The total benefit received by the employee will be taxed at CGT rates when the […]

Bank considerations for SME loan applications

The 5Cs of bank lending criteria Banks look carefully at SME companies before they lend money, especially in more challenging funding environments like the present one. The traditional approach for assessing loan applications was based off five primary factors – the “Five Cs”. These are: Character Capital Capacity Collateral Conditions The “Five Cs” gave bankers […]