Employee share scheme changes The ATO has announced via an article on its website that, from 1 July 2015, there are new rules for the tax treatment of employee share schemes, including tax concessions for start-up companies. The employee share scheme changes allow employees to now own up to 10% of shares in their employer […]
Shares slump 1.5% at noon
The Australian sharemarket has tumbled 1.5 per cent after negotiations between Greece and its creditors faltered overnight, extending yesterday’s active selling which saw the bourse drop 1 per cent. The losses on the local market outstripped weakness in offshore trade, with Wall Street stocks dipping less than half a percentage point. IG chief market strategist Chris Weston said it […]
