EMPLOYEE STOCK OPTIONS – TAXATION – AUSTRALIA

Budget woos small firms, start-ups

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 25-Mar-15

The Australian Government’s May 2015 Budget will include tax relief for small businesses, including those that are not incorporated. There were concerns that they would not receive the proposed 1.5 per cent reduction in the company tax rate for small businesses. The Government may also introduce accelerated depreciation for assets held by small businesses, while it intends to wind back changes to employee option schemes that were implemented by the Australian Labor Party

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY AND SCIENCE, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Tax relaxed on share schemes

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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