• Section C: Employee share scheme details

    If an employee has more than one ESS plan, then complete a separate Section C for each of the employee's ESS plans. A separate Section C page is provided in the form for you to photocopy if necessary.

    If you need more information to complete Section C, visit Employee share scheme - Employers and ESS: Reporting requirements for employers.

    Question 12

    Provider's ABN

    For each Section C completed for an employee who has more than one ESS plan, provide the current ABN for the employee's ESS provider as in question 8. This information is provided again in case the separate Section C details become dislodged. If no ABN, leave blank.

    Question 13

    Provider's employee identifier

    For each section C completed for an employee who has more than one ESS plan, provide the employee identifier used to link the employee with the organisation as in question 7.

    This information is provided again in case the separate Section C details become dislodged.

    Question 14

    Security holder reference number (SRN) and holder identification number (HIN)

    Provide the ESS account holding type and number.

    Include the SRN or HIN in this field that is relevant to the plan identifier.

    Write the prefix for the SRN or HIN in the 'type' field followed by the number. For example, if a SRN write 'I' in the 'type' field, if an HIN write 'X' in the 'type' field.

    Question 15

    Amendment indicator

    State whether the employee share scheme details contain original or amended information.

    Complete this question by writing an 'X' in the applicable box.

    Original information is information that is being reported for the first time.

    Amended information is information that is correcting what has previously been reported.

    If reporting amended information, be sure to provide the same financial year ended, employee identifier, and ESS plan identifier that was provided in the original report.

    Amending an ESS report that has been lodged

    Question 16

    Plan identifier and plan date/taxing point

    Provide the identifier for the employee's share scheme plan. The plan identifier is a reference that makes a plan unique within all plans run by the ESS provider.

    Provide the plan date/taxing point.

    The plan date is the date that a taxing point happens (during the reporting year) to ESS interest acquired by an employee. For an upfront scheme this will be the acquisition date. For a deferred plan it will be the deferred taxing point.

    Both the plan identifier and plan date fields must be completed even if the employer only offers a single plan to their employees.

    If there are multiple taxing events (plan dates) attached to a plan, provide the earliest taxing event date (plan date) and combine the monetary amounts.

    Question 17

    Taxed-upfront schemes eligible for reduction

    Provide the amount of income assessable (discount amount) and the number of ESS interests acquired during the financial year not eligible for deferral but eligible for reduction.

    You are only required to report these amounts in the year the ESS interests are acquired. They do not have to be reported again in a future year.

    The discount amount for question 17 must be reported in whole dollars. If an amount includes cents, then disregard the cents.

    Example

    $10,000.57 would be reported as 10,000.

    End of example

    If you need more information to complete question 17, visit Employee share scheme - Employers and ESS: Reporting requirements for employers.

    Question 18

    Taxed-upfront schemes NOT eligible for reduction

    Provide the amount of income assessable (discount amount) and the number of ESS interests acquired during the financial year not eligible for deferral or reduction.

    You are only required to report these amounts in the year the ESS interests are acquired. They do not have to be reported again in a future year.

    The discount amount for question 18 must be reported in whole dollars. If an amount includes cents, then disregard the cents.

    Example

    $10,000.57 would be reported as 10,000.

    End of example

    If you need more information to complete question 18 visit Employee share scheme - Employers and ESS: Reporting requirements for employers.

    Question 19

    Number of ESS interests with a deferred taxing point during the year and/or a cessation time occurred during the financial year

    Provide the number of ESS interests with a deferred taxing point during the year, and/or, if known, the number of ESS interests acquired pre 1 July 2009 and a cessation time occurred during the financial year.

    Question 20

    Deferral scheme

    Provide the amount of income assessable (discount amount) where the deferred taxing point occurred during the financial year.

    The discount amount in the 'deferral schemes' field will only be the amount relevant to the number of ESS interests with a 'deferred taxing point arising during the year'.

    The discount amount at question 20 must be reported in whole dollars. If an amount includes cents, then disregard the cents.

    Example

    $10,000.57 would be reported as 10,000.

    End of example

    Question 21

    Discount on ESS interests acquired pre 1 July 2009 - and cessation time occurred during the financial year

    Provide the amount of income from ESS interests acquired before 1 July 2009 for which a cessation time may have occurred during the financial year.

    The discount amount for question 21 must be reported in whole dollars. If an amount includes cents, then disregard the cents.

    Example

    $10,000.57 would be reported as 10,000.

    End of example

    Question 22

    TFN amounts withheld from discounts

    Provide the amount of TFN withholding tax paid in relation to the assessable discount from ESS interests for which a taxing point arose during the financial year where the employee has not provided a TFN or an ABN.

    Example

    Question 22 must be reported in dollars and cents. For example, $86.42 would be reported as 86.42.

    End of example

    For an amount of TFN amounts withheld from discounts to be included at Question 22, you must have an amount at Question 17, 18 or 20.

    Last modified: 20 May 2016QC 23069