From hlb.com.au: The Employee Share Schemes start-up concession offers tax advantages for eligible companies, enabling them to reward employees with equity.

While it may reduce assessable income to nil, there are conditions such as a minimum holding period and potential payroll tax implications.

To qualify, companies must not be listed, have existed for less than ten years, not exceed aggregated turnover of $50 million, and meet criteria related to share pricing and residency.