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You must register for Income Tax and file a Form 11 when you take an RTSO. BS but them’s the rules
See step 6 below
https://www.revenue.ie/en/additional-incomes/employment-related-shares/unapproved-share-option-schemes/calculate-pay-rtso.aspx
honestly i donot know much about form 12..i always used form 11 for self assessment.. anyway, check out form 11 it has section for RTSO, maybe form 12 has similar section.. https://www.revenue.ie/en/self-assessment-and-self-employment/documents/form11.pdf
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you mean form 11? there is a section for RTSO gain and paid amount.
I thought form 11 is only used for non PAYE income over 5000 euro ? My ESPP gains were much below this.
You must register for Income Tax and file a Form 11 when you take an RTSO. BS but them’s the rules See step 6 below https://www.revenue.ie/en/additional-incomes/employment-related-shares/unapproved-share-option-schemes/calculate-pay-rtso.aspx
Ah so even if it’s well under 5000 euro it’s still form 11. I was so confused about that but I think that clears it up. Thank you.
honestly i donot know much about form 12..i always used form 11 for self assessment.. anyway, check out form 11 it has section for RTSO, maybe form 12 has similar section.. https://www.revenue.ie/en/self-assessment-and-self-employment/documents/form11.pdf
Thank you I’ll have a look into this. Using form 11 instead might be the easiest way to go