Share Based Remuneration


For further information on Benefit in Kind, click here

 

Processing Benefit in Kind on Share Based Remuneration in BrightPay

 

To access this utility go to Employees, select the employee in question from the listing and click 'Benefits' on the menu toolbar, followed by Share Based Remuneration.


1) Description - enter a description of the shares being provided.

2) Value – enter the applicable value of the shares being provided.

3) Date - enter the date that the shares are given to the employee.

4) Employee contribution - enter any amount made good by the employee directly to the employer towards the cost of providing the benefit.

5) Click Save to save the Benefit In Kind entry.

 

The 'Notional Pay' will be added to the employee's gross income in the relevant pay period to ensure that the correct PAYE, Universal Social Charge and PRSI are charged. 

 

 

Need help? Support is available at 01 8352074 or support@brightpay.ie.

Coronavirus (Covid-19) - Guidance for BrightPay users2022 BrightPay - System RequirementsBright ID2022 Budget - Employer Summary2022 BrightPay - AvailabilityIntroduction to BrightPayStarting the New Tax YearImporting from the Previous Tax YearInstalling BrightPayMoving from Thesaurus Payroll Manager to BrightPayMoving to BrightPay from another payroll softwareMoving BrightPay to a new PCBureau Enhancements - Additional FunctionalityEmployer SetupDigital CertificatesEmployee SetupRevenue Payroll Notifications (RPNs)Payroll CalendarProcessing PayrollImporting Pay Data from a CSV FilePayroll DeductionsPayroll Submission Requests (PSRs)Distributing PayslipsPaying EmployeesSEPA format - Banks catered for in BrightPayMaking Corrections to PayrollRevenue PaymentsRevenue - Contact Telephone NumbersAnalysisPayroll JournalsProcessing StartersProcessing LeaversBenefit in KindIllness BenefitParenting BenefitsPensionsSwitching an Employee's Pay FrequencyBacking Up & Restoring Data FilesYear EndLeave Reporting & Employee CalendarAnnual LeaveLeave EntitlementsEmployment LawCSOGlossary of Terms (Pre 2019) - Foreign Language Help SheetsBrightPay ConnectGDPRBrightPay Licence Terms and Conditions