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IS 25/06 FS
Issued
31 Mar 2025
Start
01 Nov 2024

Employer obligations for employee share scheme benefits paid in cash - fact sheet

This fact sheet accompanies interpretation statement IS 25/06: Employer obligations for employee share scheme benefits paid in cash, which explains an employer’s PAYE, student loan and KiwiSaver obligations when an employee receives a benefit under an employee share scheme that is paid in cash.  It updates and replaces IS 24/05 FS to reflect changes in the Taxation (Annual Rates for 2024-25, Emergency Response, and Remedial Measures) Act 2025 that mean ACC earners’ levy does not apply to cash-settled ESS benefits.  This aligns the treatment of cash-settled and share-settled ESS benefits.      

Related Publications

Title Type Date
Employer obligations for employee share scheme benefits paid in cash Interpretation statements March 2025
Employer obligations for employee share scheme benefits paid in cash
Type
Interpretation statements
Date
March 2025