Simplify employee share schemes reporting with the CTS ESS Toolkit
08/05/2025
The Australian Taxation Office (ATO) has upcoming reporting obligations for entities offering employee share schemes (ESS). Find out how the Complete Tax Solutions Employee Share Scheme (CTS ESS Toolkit), our ATO-approved software, can help you meet these requirements efficiently and accurately.
Upcoming ATO reporting obligations
The ATO requires employers who issue shares or share options to employees to complete their reporting obligations. The deadlines to comply with the reporting requirements are:
- ESS statements are due to be issued to employees by 14 July 2025,
- ATO reports are due for lodgement with ATO by 14 August 2025.
What do the ATO reporting obligations mean for you?
Our innovative solution | CTS ESS Toolkit
Our CTS ESS Toolkit, an ATO-approved and compliant software, enables employers to simplify their online annual employee share scheme reporting obligations.
We are one of only a handful of providers to have passed ATO testing and have ATO approval for our specialised software. Using the CTS ESS Toolkit, SW has been successfully working with businesses to meet their ESS lodgement requirements.
The table below outlines the types of companies that are most likely to benefit from using the CTS ESS Toolkit.
Significant global entities (SGE)
SGEs are entities that have an annual global turnover of A$1 billion or more. SGEs are subject to increased Failure to Lodge (FTL) penalties for late lodgement of every ATO document or approved form. The SGE penalties are currently $165,000 for each 28 days in which an approved form is lodged after the due date up to a maximum of $825,000. The lodgement of ESS reporting falls within this definition.
The public officer of the company is responsible for the company’s obligations under the income tax law, including the timely lodgement of approved forms with the ATO. If your company is part of an SGE, we recommend implementing systems for timely lodgements of ESS reports with the ATO.
How SW can help
There is limited time to meet ESS reporting requirements. The ATO is particularly emphasising on ensuring corporates comply with timely and accurate reporting obligations.
Now is the time to ensure your business is prepared for reporting season. We offer a fully outsourced service or license our software.
Please contact Sam Morris or Justin Batticciotto to learn how to comply with the ATO reporting requirements and discover how our CTS ESS Toolkit can assist.
