Fine Tuning the Employee Share Scheme Rules

While much of the focus has been placed on the introduction of specific concessions in the Employee Share Scheme (ESS) legislation for start-up companies (defined as unlisted companies with under $50M turnover that have been incorporated for less than 10 years), there has also been some fine tuning made to other aspects of the ESS legislation generally that is worth noting as it will make the provision of equity to employees more appealing.

To view the article in full click here.

Talk to us…

Banks Group is an association of independent firms that operate in Melbourne, Sydney and Auckland under the same trading name. Neither the Melbourne Banks Group, Sydney Banks Group or Auckland Banks Group are partners or agents of each other and shall not be liable for any act or omission of each other. Liability limited by a scheme approved under Professional Standards Legislation

MAG_WEB

All services are provided as a Corporate Authorised Representative of Magnitude Group Pty Ltd (ABN 54 086 266202, AFSL 221557).

Count_WEB

Financial Planning Services provided as an authorised representative of Count Financial Limited ABN 19 001 974 625 Australian Financial Services Licence Holder Number 227232 a wholly-owned, non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124. Count is a Professional Partner of the Financial Planning Association of Australia Limited. Count advisers are authorised representatives of Count. www.count.com.au

"Please note that any taxation and accounting services are not endorsed nor the responsibility of Count Financial Limited".