ESOPs – New tax rules for employee share schemes (Webinar)

Employee share schemes are arrangements under which a company provides its employees with
hares or options over shares as part of their remuneration.  This webinar considers the different
forms those arrangements may take and the associated tax consequences.

The tax rules in this area were fully amended in 2018 and the new rules take a conceptually
different approach to that which applied historically.

The session will cover the following:

  • Do the latest employee share scheme tax rules apply to any scenario in which an employee
    receives an equity interest in a business?
  • How is the timing and the amount of income determined for employees receiving shares or
    options under an employee share scheme?
  • In what circumstances can an employer business take a deduction for the provision of employee
    share scheme benefits and scheme establishment costs?
  • Can an employer provide employees with a loan to purchase shares in their business?
  • Compliance issues with employee share scheme income being taxed via the PAYE system and
    holiday pay implications.

 

Upon satisfactory completion of this webinar you will be able to:

  • Understand the different ways in which employees can potentially receive an equity interest in
    a company.
  • Identify the material tax issues involved with the terms of a particular share purchase and option
    scheme.
  • Have the ability to analyse and tailor the terms of an employee share scheme to best achieve
    the desired commercial position in a tax efficient manner.

 

Total CPD Hour: 1

 

Suited to:

  • Accountants and lawyers that commonly advise clients on arrangements to provide employees
    with an equity interest in their business.
  • External and internal professional advisors and other personnel with an interest in employee
    remuneration and incentives and the benefits and pitfalls of implementing an employee share scheme.

 

PRESENTER

Greg Neill, Partner – Tax Advisory, Findex/Crowe

Greg is a qualified lawyer and has worked in large law firms in New Zealand and the UK. He provides advice
on the full spectrum of tax matters, ranging from individual issues through to complex corporate or financing
transactions.

  • 30 July 2020
    10:00 am - 11:00 am

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