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The Fines online service will be unavailable between 11.00pm on Saturday and 5.00pm on Sunday; other online services will be unavailable between 9.00am and 9.30pm on Sunday due to scheduled maintenance. We apologise for any inconvenience.

Shares and options

Payroll tax

Wages include the value of shares and options given to employees and directors.

Any employee contribution is not liable for payroll tax.

Employee share schemes

If the share or option is an Employee share scheme (ESS) interest you can elect to declare the taxable value of the share or option when it is granted or vested (the date when the employee is legally entitled to or receives the benefit). If you choose to declare on the granting date and the share or option is later rescinded, you can deduct the value of the wages previously declared in the same year the share or option was rescinded.

Shares in an unrelated corporation

If the share or option scheme is not an ESS interest, you need to declare the fringe benefit value as wages.

Last updated: 16 April 2015