Beth Devlin

May 17, 2024 | lexology.com | Eleanor Cunningham |Clementine Farrell |Beth Devlin

Revenue approved Save As You Earn (SAYE) Schemes offer employees a risk-free savings method with the option to purchases company shares in a tax efficient manner. For employers, an SAYE Scheme can encourage employee engagement and improve retention. While historically a very popular scheme, following Brexit the number of licensed savings carriers in the Irish market fell and the last licensed savings carrier exited the market in early 2021.