The legislative and regulatory complexity of Employee Share Schemes has once again inspired recommended reforms, this time by the House of Representatives Standing Committee on Tax and Revenue, in a recent report.
Employee Share Schemes - Budget changes should boost participation
Attracting and retaining high performing employees can be key to ensuring the long-term success and growth of a business – a significant challenge for many Australian businesses navigating through COVID-19. Implementing an employee share scheme (ESS) or incentive plan can be an effective means by which businesses can attract, motivate, and retain valued employees.
Hot Issues in Structuring and Rewarding Employees
On 28 October, 2015 Sladen Legal delivered a presentation on various topics in the area of Hot Issues in Structuring and Rewarding Employees.
Topics presented were:
- Professional Practices Structures – the ATO views and the law - Rob Jeremiah
- Superannuation and employees - Phil Broderick
- Employment risks in corporate and business restructures - Louise Houlihan
- The new employee share scheme regime – the promised land or a mirage? - Carlos Barros
Employee share scheme update
Further to the Government’s release of Advancing Australia as a Digital Economy: Update to the National Economy Strategy on 12 June 2013 (refer to Employee share scheme announcement - 21 June 2013 for an overview), Treasury and the Department of Industry, Innovation, Climate Change, Science, Research and Tertiary Education issued the discussion paper Employee Share Schemes and Start-up Companies: Administrative and Taxation Arrangements.