LIVE WEBCAST
18 November 2024, 5 - 6pm EST
NAVIGATING AUSTRALIAN EMPLOYEE SHARE SCHEME TAXATION IN MERGERS, ACQUISITIONS, AND DEMERGERS
Webcast

Stewart Williams, Deloitte
Sandra Buth, Deloitte 
Jodie Rowden, Fuse HR

All plan types
Global

Join us for an in-depth session on the intricacies of Australian Employee Share Scheme (ESS) tax implications during mergers, acquisitions, and demergers. Understand the critical aspects of immediate versus deferred ESS tax on shares and rights, and learn about the provisions and application of ESS tax rollovers. Discover effective communication strategies to help employees navigate the impact of corporate transactions on their ESS.

KEY LEARNING POINTS:

  • Gain insights into when ESS tax rollovers can be applied, avoiding immediate taxing points during corporate takeovers or restructures, and understand the importance of obtaining a class ruling from the Commissioner of Taxation.
  • Learn about the ESS reporting responsibilities of both the old and new companies involved in a corporate event, and explore whether payroll withholding can prevent double taxation.
  • Discover proven strategies for effectively communicating with employees about the impact of corporate events on their ESS, ensuring they understand the treatment of both vested and unvested shares and rights.

 

COST
GEO members: No charge
GEO non-members: No charge

Become a GEO member to attend webcasts for free in the future!

Recordings are available to access on-demand following the webcast.

CPE Credit Hours: 1.0*
Field of study: Specialized Knowledge
Levels: O
Delivery method: Group Internet-Based
Advanced preparation: None

CEP Continuing Education (CE) credit: 1.0 credits

*CPE credits are provided for live webcasts only. Please visit our Continuing Education and Event Policies pages for more information.

REGISTER TO ATTEND
Registration is required. Connection and login instructions are sent to registered participants prior to this webcast. 

IN-PERSON CHAPTER EVENT
12 September 2024, 5 - 7pm BST
UK CHAPTER MEETING
UK chapter

LOCATION: Edinburgh

All plan types
UK and Channel Islands

Join us in Edinburgh for an afternoon of learning, networking and fun with the UK and Channel Islands Chapter.

Join industry experts to explore engaging topics. Gain insights into global market trends from a Natwest economist, discover strategies to enhance employee engagement and satisfaction, and learn key takeaways from the Nashville conference and equip yourself with tools for career advancement.  We are also excited to bring the Next Gen program that was launched in May to Scotland. If you are seasoned in the share plan industry, bring along a newbie and for those who are more junior - come meet, learn and network with everyone.

After the educational sessions, enjoy a networking happy hour to connect with fellow chapter members and local professionals. Don't miss this opportunity to learn, grow, and network with the best in the industry.

We look forward to seeing you there!

LOCATION
Doubletree Hilton
34 Bread St
Edinburgh EH3 9AF
United Kingdom

This meeting is free to attend, but registration is required.

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Fast-growing companies in tech and other sectors often implement stock plans without proper planning or oversight, leading to significant compliance risks, especially when operating in multiple countries. These companies must consider local tax, social security obligations, and regulatory complexities to avoid financial and administrative issues. Employee Stock Ownership Plans (ESOPs) and carefully managed stock plans offer valuable incentives for employees while aligning their interests with the company's success, provided the compliance challenges are adequately addressed.

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The healthcare industry is experiencing significant consolidation, often leading to higher prices and reduced patient choice, with many practices being acquired by private equity firms or hospital systems. This trend has driven many physicians away from private practice due to increasing operational costs and regulatory burdens. However, Employee Stock Ownership Plans (ESOPs) present an alternative by allowing physicians to sell their practices to employees, thereby retaining control and reaping financial benefits without sacrificing autonomy or the quality of patient care.

 

 

ARTICLE
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HOW TO BOOST THE POPULARITY OF EMPLOYEE SHARE SCHEMES
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Employee Benefits 

Employee engagement
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In March, 9,200 Marks and Spencer staff received significant payouts from a sharesave plan, with some employees earning over £10,000 from a £150 monthly investment. Share schemes, such as share incentive plans and company share option plans, help attract and retain employees by giving them a stake in the business and fostering loyalty. Effective communication of these schemes is crucial for employee engagement, with clear, simple explanations and varied methods like videos and mobile apps proving most effective.

ARTICLE
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WHAT A CHANGE OF GOVERNMENT MEANS FOR EMPLOYEE SHARE PLANS AND EMPLOYEE OWNERSHIP
External News

Mishcon de Reya 

Trending now
All plan types
UK and Channel Islands

In the UK, there is broad support across political parties for encouraging employers to offer shares to employees, with various statutory and non-statutory arrangements available. The Liberal Democrats propose giving employees in listed companies with over 250 employees the right to request shares, aligning with the Share Incentive Plan (SIP), while Labour has previously suggested an "Inclusive Ownership Fund" for employee benefits. The Conservative Party, though not explicitly detailing future plans, has recently enhanced the Company Share Option Plan (CSOP) and launched consultations on several related topics.

ARTICLE
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LET'S TALK PEOPLE CHANGES
External News

Deloitte 

Trending now
All plan types
UK and Channel Islands

Deloitte Global Employer Services has released an in-depth report titled "A new Labour government: what it means for global employers," analyzing the potential impacts of the Labour Party's return to power after 14 years. The report explores proposed changes in employment-related areas, such as non-dom rules, immigration, pensions, CGT/taxation of carried interest plans, fair pay, workers' rights, and executive pay. It aims to provide employers with insights into opportunities and priorities as government commitments transition into policy and legislation.

ARTICLE
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RAMAPHOSA WANTS MORE BUSINESS BACKING FOR EMPLOYEE OWNERSHIP SCHEMES
External News

Full View

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South Africa

President Cyril Ramaphosa highlighted at the Inaugural Worker Share Ownership Conference in Johannesburg that employee share ownership plans (ESOPs) are vital for broadening ownership and promoting economic transformation in South Africa, particularly among previously disadvantaged groups like women and black South Africans. He emphasized the role of ESOPs in improving social justice, enhancing worker engagement in corporate decision-making, and boosting productivity and innovation within companies. Trade, Industry and Competition Minister Ebrahim Patel presented statistics showing significant ESOP adoption across various sectors, with 551,000 workers benefiting and ESOPs reaching about 1.54 million South Africans, underscoring their growing impact on economic empowerment and equity in the country.

ARTICLE
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SUCCESSES, LEARNINGS ON EMPLOYEE SHARE OWNERSHIP PLANS MARKED
External News

Engineering News

Design and strategy
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Employee share ownership plans (ESOPs) in South Africa have gained momentum, highlighted at the inaugural Worker Share Ownership Conference in Johannesburg. Minister Ebrahim Patel emphasized the widespread adoption of ESOPs across various sectors, benefiting over 551,000 workers and indirectly reaching 1.54 million South Africans through family dependents. President Cyril Ramaphosa underscored ESOPs as crucial for economic transformation, promoting inclusivity, and enhancing worker engagement and productivity, while advocating for improved governance and funding policies to further support their implementation and success.

ARTICLE
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STARTUP SHARES - THESE COUNTRIES WILL TAX YOU THE LEAST
External News

Sifted

Finance, tax and accounting
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Offering equity to employees is a key strategy for startups to attract talent over larger firms, seen in Europe where successful companies like Klarna and Deliveroo have spurred new ventures. However, European taxation on employee stock options varies significantly by country, with Estonia, Lithuania, and the UK cited as the most favorable due to lower tax burdens and simpler regulations compared to countries like France and Germany, which have more stringent tax policies and regulations. These differences impact how much employees can potentially gain from their stock options, influencing company decisions on offering ESOPs versus other equity schemes like VSOPs in heavily regulated markets.