From 1 July 2015, changes to Australia’s employee share scheme taxation regime will reduce the risk of employees being hit with unfunded tax liabilities by:
- permitting taxing points to be deferred for longer periods; and
- introducing a significant tax concession for eligible start-ups’ employee share schemes.
For an overview of the changes, and what they mean for employers, click here to link to Norton Rose Fulbright Australia’s recent legal update.
