Stock Plans in Australia

Summary Table
(Updated as of August 2024)

Australia is one of the more complicated countries for stock compensation. However, in most instances the taxation can be straightforward if the stock plan fits certain parameters. Otherwise, the taxation could be at grant, or on the 15th anniversary of grant.   Although there is no payroll withholding required if the employee provides a Tax File Number to the employer, companies need to report their stock plans in a special annual filing due July 14 to the employees and August 14 to the Australian Taxation Office. Furthermore, state- level payroll taxes, paid by the employer are due (if the employer meets certain thresholds).

A securities prospectus filing is required unless an exemption applies. Most companies are able to rely on an exemption, although special disclosure to plan participants may be required.

The Australian tax year is July 1 to June 30.

Overview of Stock Plans in Australia