The continued economic data supports Simaco Partners' house view that rate cuts will be pushed to H2 2025.

November 27, 2024

Employee share schemes (ESS) are plans used by businesses to provide an alternative option of payment through distributing company shares.Employees can receive their shares at a discounted price or can be given an opportunity by the business to purchase shares in the future.Employees who don’t receive shares at a discount, won’t have the ESS tax rules apply to them.Employees are eligible for tax concessions under the condition that both the business and employee have met the requirements of the Australian Tax Office (ATO).

Accounting

December 5, 2023