Employee Ownership Australia welcomes the release by the Federal Treasury of a consultation paper on the corporate regulation of employee share ownership.
The consultation process provides a significant opportunity to improve the regulation of employee share ownership in Australia
You can see the details of the consultation here – closing date 30th April 2019.
To quote: Consultation on employee share schemes – The Government has announced proposals to improve the ability of small businesses to offer employee share schemes to help them attract, retain and motivate employees and grow their businesses. The current regulatory framework is complex and fragmented and ultimately discourages some businesses from offering employee share schemes. The consultation paper seeks feedback on proposals to simplify and extend the current regulatory regime for employee share schemes.
EOA’s Submission to the Parliamentary Inquiry into the Tax Treatment of Employee Share Schemes