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Employee share schemes



New government rules covering employee share schemes are in effect, and they affect employees and employers

The design of the share scheme governs the way in which employees are taxed, according to Peter McGinty, Tax Training Specialist with the Institute of Chartered Accountants in Australia. He says that employees no longer can choose when they're taxed on the schemes but they can be offered participation in three different types of share schemes.
  

Topics: Accounting & Tax, Financial Management


Peter McGinty CA, The Institute of Chartered Accountants in Australia