Under the Tax Act, a special "ESS Start-Up Concession" is available to eligible companies. As a potential provider, the information you give in the ESS Eligibility Check helps to determine whether your company, offer and employee have eligibility for the 'ESS Start-Up Tax Concession'. An Eligibility Report will be generated, to the provider, and should be used to assist with the initial planning and information gathering stages, rather than as a replacement for professional advice. The ESS Eligibility Check is for general information only and does not represent professional advice.

Use this ESS Eligibility Check if: 

• You are establishing and intending on being a provider of an Employee Share Scheme for Options and would like determine if your company is eligible for the 'ESS Start-Up Concession'.

Why do you need this ESS Eligibility Check?

This ESS Eligibility Check provides a general assessment of your company to determine eligibility for the 'ESS Start-Up Concession'. If your company is eligible, under new changes to the Tax Act effective from 1 July 2015, your ESS will enjoy tax concessions. 

What is included in this ESS Eligibility Check?

• ESS Eligibility Report

• Eligibility requirements for company

• Eligibility requirements for employee

• Eligibility requirements for terms of ESS offer

• Market value and exercise price information

• Disclosure obligations

Please note: The ESS Eligibility Check is for general information only and does not represent professional advice. For more information, please seek professional advice or contact a Lawpath ESS Consultant on 1800 529 728.