EMPLOYEE STOCK OPTIONS – GOVERNMENT POLICY – AUSTRALIA

Tax breaks to be reintroduced

roymorgansocial Leave a comment

Original article by Phillip Coorey
The Australian Financial Review – Page: 3 : 13-Oct-14

The Australian Government will unveil its National Industry Investment and Competitiveness Agenda on 14 October 2014. The policy includes unwinding the Australian Labor Party’s changes to regulations governing employee share schemes and changes to the significant investor scheme to ensure that money is invested in sectors of the economy where it is needed. The Government will also encourage greater co-operation between the business and education sectors

CORPORATES
AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF INDUSTRY, AUSTRALIA. OFFICE OF THE CHIEF SCIENTIST

PM to cut tax burden on employee share schemes

roymorgansocial Leave a comment

Original article by David Crowe
The Australian – Page: 1 & 2 : 16-Sep-14

The Australian Government will soon release its new policy on employee share schemes. The purpose of the changes is to make business start-ups more attractive to prospective employees. The new incentives scheme will be modelled on the Enterprise Management Incentive program in Great Britain, which limits the total number of share options issued by a company to Stg3 million and individual parcels to Stg250,000 per employee

CORPORATES
LIBERAL PARTY OF AUSTRALIA, AUSBIOTECH LIMITED, POCKETBOOK AUSTRALIA PTY LTD, LINK MARKET SERVICES LIMITED, GOOGLE INCORPORATED, ATLASSIAN SOFTWARE SYSTEMS PTY LTD, SEVEN NETWORK LIMITED, INVESTEC AUSTRALIA LIMITED, EMPLOYEE OWNERSHIP AUSTRALIA LIMITED, AUSTRALIAN LABOR PARTY, SEVEN WEST MEDIA LIMITED – ASX SWM

Tax relaxed on share schemes

roymorgansocial Leave a comment

Original article by Fleur Anderson
The Australian Financial Review – Page: 3 : 1-Aug-14

The Australian Government plans to wind back changes to the tax treatment of employee share schemes. The reforms that were introduced in 2009 require members of such schemes to pay their tax liability upfront rather than being able to defer it for up to 10 years. Start-up businesses in particular have been affected by the regime. The Government may replace it with some aspects of the employee share scheme regime that is in place in the UK

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF INDUSTRY, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA. DEPT OF COMMUNICATIONS, LIBERAL PARTY OF AUSTRALIA, DELOITTE TOUCHE TOHMATSU LIMITED, LOCAL MEASURE, ONLINE MEDIA HOLDINGS PTY LTD, EMPLOYEE OWNERSHIP AUSTRALIA LIMITED