Many employers help their employees take an equity stake in their business, often without understanding the tax implications or even that it creates tax obligations. Inland Revenue is currently actively checking taxpayers are meeting their tax obligations when issuing shares to employees or receiving shares from their employer.

Tax obligations can arise if your clients or you are:

• Giving employees shares in a business
• Selling employees shares in return for a loan
• Selling employees shares at less than market value
• Selling employees shares at market value; or Providing employees with share options

This webinar will outline the tax implications and obligations for both the employer and employee. It will also address what to do if you have not complied with these obligations.

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

• Understand what an employee share scheme is and if you or your client have one (these are not just for large corporates!)
• Understand what your / your client’s obligations are – both the employer and the employee
• Understand actions that can be taken now if you / your client have not complied

Suited to…

Those advising, managing the finance function, or owning a small to medium business where an employee has been provided an equity stake within the last four years, or is about to be provided equity.

1.25 (1 hour + 15 min. Q&A)

PRESENTER

Richard Muth, Senior Manager – Tax Advisory, Findex/Crowe

Richard Muth is an experienced taxation practitioner at Findex / Crowe having more than 15 years of experience with clients ranging from large multinational groups, Australasian groups, New Zealand based SMEs along with high net worth individuals.

Richard assists employers and employees to understand and comply with their tax obligations, including advising on alternative remuneration types such as shares, allowances, and other benefits.