Source: Taxation In Australia Journal Article
Published Date: 1 Mar 2016
A growing business will often identify one or more key employees who are considered instrumental in driving the business. In order to retain and provide incentives to these key employees, the founder may wish to provide an equity interest in the business. This article examines why the current employee share scheme provisions under Div 83A of the Income Tax Assessment Act 1997 (Cth) are unsatisfactory for small-to-medium enterprises (SMEs).
The article also considers the new concessions for start-ups under the Tax and Superannuation Laws (Employee Share Schemes) Bill 2015 and what is needed for SMEs to reward their employees with equity in the most tax effective manner.
CGT amendments: Unnecessary complications for small business - Journal 01 Jul 2018
Division 7A and UPE issues - Paper 20 Mar 2013
Division 7A and UPE issues - Presentation 20 Mar 2013
Personal Services Income Issues - Presentation 09 Feb 2004
Personal Services Income Issues seminar - Paper 09 Feb 2004
Division 7A and Section 109UB seminar - Paper 21 Feb 2003
Division 7A and Section 109UB - Presentation 21 Feb 2003
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.