The government have drafted legislation that could assist START-UP companies by reintroducing employee share schemes.

BLOG: Tax break for start-up companies

Employee share schemes give workers a financial share of the company's potential success. Under the government's proposed new laws, discounted options or shares provided by start-up companies won't be subject to upfront taxation, so long as the shares or options are held by the employee for at least three years.

This is explained further in an article written by Paul Osborne, AAP. Click here to read the full article