Employee share scheme (ESS) annual report specification v1.0.1

Original Published Date
Tax Category
Investment bodies
Business accounting
Resource Type

A new electronic reporting specification version 1.0.1 of the Employee share scheme annual report has been released to update and clarify information content. A tracked version of the changes has also been published for your information. A description of changes follow:

Differences between version 1.0 and version 1.0.1

General key changes

  • General wording changes to allow for consistency, update and clarify information and processes. Where the intent of the information content has not changed, the changes have not been tracked.
  • Version numbering updated in accordance with Standard for specification documentation version numbering 1.0.0.
  • Dates have been updated to reflect current year information.
  • Reference to the use of DATs throughout the specification has been removed.
  • Information content in the original Magnetic media information form attached to this specification has been updated and the form is now retitled Electronic storage media information form.

Changes to data records, values and definitions

  • No changes have occurred to the data records or data file structure.
  • Supplier data record 1
    - Report specification version number field value has not changed i.e. it remains as FESSA001.0
  • Definitions 7.67 Number of ESS interests with a deferred taxing point arising during the year and 7.74 Plan date have been updated with information boxes to clarify requirements.
  • Section 7 - all state or territory field definitions and edit rules have been updated for clarity.

Additional information - Minor changes to the Self-printing employee share scheme statement - employee summaries approved layouts

  • Removal of bullet reference to TaxPack on the approved layouts.
  • All references to the words up front have been combined to the single word 'upfront' on the approved layouts.