Increased administrative requirements for the reporting of share awards for employees is likely to result in increased administrative burdens for companies offering their employees access to equity ownership in their corporations, a phenomenon that has increasingly been mooted as desirable from an ESG perspective. AINE GIBNEY points out that compilation of the detail and information required to complete the ESA return ‘will present employers with a significant time-intensive task, particularly for employers with a large number of employees in Ireland’.
