A company provides its employees with interests in the company (shares, staples securities, rights to shares or rights to staples securities), under an employee share scheme (ESS).
Electronic payments made by the ATO to a valid bank account.
A debt or financial obligation incurred
Penalties can be executed by the ATO for Taxation and Superannuation offences.
Also known as depreciation. An amount that can be deducted from the value of a depreciating asset that you have had within the financial year. This is based on the effective life of the asset.