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Newsletter – May 2014

Dear Supporter,

Annual Conference and Awards - celebrating employee ownership excellence … less than one week to go!

Registrations for the Annual Employee Ownership Conference and Awards Night close in the next few days. Don’t miss your chance to join industry colleagues at PwC in Sydney on Thursday 22 May for the most important event this year celebrating excellence in employee ownership.

Last chance to Register now for access to reduced EOA membership rates.

Tony Smith MP leads distinguished lineup of speakers

We’re excited to announce that the Hon. Tony Smith MP, Federal Member for Casey and Chair of the Government’s Economics and Finance Committee is the keynote speaker. Tony Smith has been an enthusiastic supporter of employee ownership and recently pressed for the reversal of 2009 taxation legislation in favour of employee share schemes.

Read Tony Smith’s opinion piece: tony smith employee share ownership crucial to innovation showing his support, AFR March 4

Rick Patton, Senior Technical Adviser, Tax Counsel Network, ATO will address current taxation issues in a lively Q&A. Rick has many years experience in the area of employee share schemes including consultations with Treasury and Industry on amendments to Division 83A and former Division 13A in the Income Tax Assessment Act 1997.

This year, we’re delighted to have an excellent line up of speakers presenting on a wide range of topics. This is your chance to hear from senior company executives, market leaders and professionals about the key elements of success in global share plans, the changing landscape of employee ownership and what  our experts Predict for 2014.

Meet the speakers here: You can see the full list of speakers at our conference site.

The 2014 ESOP of the Year Awards Ceremony commences at 6 pm with networking opportunities, cocktails and canapés followed by the formal awards ceremony on Thursday, 22 May 2014, at PwC Sydney. The Awards celebrate companies that exhibit employee ownership excellence. Tickets to this event are still available online here.

EOA in the News

Start-up hopes fade for employee share scheme overhaul, Business Review Weekly, 9 May

Employee share schemes need repair in Budget, Life Scientist, 8 May

“Returning to the pre-2009 position is therefore a necessary first step for start-up companies. It is also the only logical starting point for taxation of ESSs more generally. In no other case do we tax people before they realise value; and rightly so, individuals should be taxed on their success.”
- Angela Perry, Chair, EOANZ

Listen: 2UE Interview, 3 March 2014 Radio

Read MPs eye employee share scheme, The Australian, March 3

Read Backbench MPs push for employee share scheme, BRW March 3

You can stay in touch between newsletters on our blog.