Employee share schemes - guide for employees

ESS statement

Your employer will give you an ESS statement which will show an estimate of any discounts you or your associates have received on your ESS interests either directly or through an employee share trust. Your ESS statement will show:

• the discount for ESS interests acquired under each type of taxed-upfront scheme
• the discount for ESS interests acquired under a tax-deferred scheme for which a taxing point arose during the financial year
• the discount for shares and rights acquired before 1 July 2009 for which a cessation time occurred during the financial year
• the total TFN amounts withheld from discounts during the financial year.

Your employer must give you an ESS statement by 14 July after the end of the relevant financial year. This ESS statement will help you complete your tax return.

Sections within What to expect from your employer

• Tax file number (TFN) withholding for ESS
• ESS statement