Tag: Tax Arrangements

Treasury has said it will not yet be publically releasing whether it will make changes to the current ESS rules.

Australia-wide, the ATO is now on the hunt for $17.7bn in unrecovered debt – and some 60 per cent ($10.6 billion) is owed by small businesses.

A professional body of accountants has slammed the current tax arrangements of employee share schemes (ESS), saying the regulations are building an anti-competitive environment for entrepreneurs.