Canadian business owners have a new option to consider when contemplating their exit strategy: Employee Ownership Trusts (EOTs). Announced in the 2023 Canadian budget in March 2023 is draft legislation to facilitate the use of EOTs. EOTs allow employees to acquire …
This document, prepared by employee ownership specialists at Fieldfisher and King & Wood Mallesons, offers a step-by-step guide to preparing for employee ownership in Australia.
EOA believes widespread employee ownership will boost job security and wages, grow productivity, lift participation in the labour market, deliver a high-quality labour force and allow for full employment to be maintained nationally.
In this interview with Irina Makukh, Employee Equity and Executive Remuneration Lead at Origin Energy, we hear how Origin’s focus on flexibility and communication is driving the growth and success of their Employee Share Plan. Origin Energy is one of …
The employee ownership sector has more than doubled in the past three years in the UK, smashing the 1,000 milestone for the first time.
We are very pleased to see the Government’s announcement that the reform of the rules dealing with the corporate regulation of employee share schemes are to proceed. The corporate regulatory regime which has applied to offering employee equity in Australia …
When it comes to the issue of planning business affairs for the unexpected, the decision-making of what should happen in the future doesn’t need to be as dramatic as an episode of ‘Succession’.
The cessation of employment taxing date for employee share scheme (ESS) interests is to be removed. The changes were made in the Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 (Cth) (Bill) which was introduced into parliament today. …
EOA strongly supports the recommendations of the report which includes a comprehensive and sensible series of recommendations to promote employee ownership in Australia.
It is exciting to see the exposure draft for the 2021 budget announcements concerning the significant reforms both for corporate regulation of offers of employee shares and the removal of the taxing point at cessation of employment. The reforms make …
