EMPLOYEE SHARE SCHEMES
The ATO has announced further changes to the Employee Share Scheme arrangements which were announced in the 2009 Federal Budget. Under the proposed changes, a qualifying employee share scheme will be able to defer assessable income and the $1,000 tax exemption will be maintained for individuals with an adjusted taxable income up to $180,000.
These changes will apply from 1 July 2009 rather than from Budget Night as previously announced.
If you would like additional information on employee share schemes contact any one of our offices at Parramatta, Sydney or Penrith, click here for contact information
