Plan now for Employee Share Scheme reporting

With the annual vesting cycle for equity incentive plans typically having already occurred for most organisations, now is the time to plan in connection with your FY23 Employee Share Scheme reporting obligations.

The 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. The ATO requires that the ESS annual report is lodged electronically, complying with its detailed software specifications. For the year ending 30 June 2023, employers are required to provide ESS statements to  employees by 14 July 2023 and to submit the ESS annual report t...

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Authors: Daniel Hodgson, Priscilla Tang,

Published Date: 08 May 2023