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Employee Share Scheme (ESS) Changes

From 1 July 2015, ESS changes allow taxing points to be deferred and introduce a significant new concession for “start-up” companies.

The maximum period of tax deferral increases from 7 years to 15 years. The deferred taxing point for options (and for other rights, such as performance rights) effectively moves from vesting of the options to the exercise date of the options.

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