Plan now for FY 2024 Employee Share Scheme reporting

For many employers, the annual vesting cycle for equity incentive plans has already occurred; so why wait until year-end to get started on your FY24 Employee Share Scheme reporting obligations?

It is time to lock in the assistance and resources required to get your ESS reporting done right! Australian ESS reporting requirements Employers have an annual obligation to report taxable Employee Share Scheme (ESS) events – this covers all forms of equity compensation, such as shares, performance rights and options. Unlike many other countries, where ESS income is required to be reported via payroll, there is a separate reporting requirement in Australia. The Australian Taxation Office...

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Authors: Daniel Hodgson, Priscilla Tang,

Published Date: 10 April 2024