As part of the submission GRG has proposed an alternative approach to ESS taxation that we believe will meet the expectations of stakeholders and simplify taxation for everyone.
Our submission can be found at the following link:
Wednesday 19 February 2014
GRG Submission on Draft Revised ESS Taxing Provisions
In January GRG prepared a submission to the Treasury in response to the draft revisions to the employee share scheme (ESS) taxing provisions. These revisions are intended to make it easier for start-ups to use options as a means of remunerating and incentivising employees, among other things. GRG supports the intent however argues for broader reform and that the changes should not be restricted to start-up, not least of all because this will be difficult to to define and regulate in a manner that is both practical and supportive of the intention of reforms.
As part of the submission GRG has proposed an alternative approach to ESS taxation that we believe will meet the expectations of stakeholders and simplify taxation for everyone.
Our submission can be found at the following link:
As part of the submission GRG has proposed an alternative approach to ESS taxation that we believe will meet the expectations of stakeholders and simplify taxation for everyone.
Our submission can be found at the following link:
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