​​ESS – How do you work out the ‘discount’ when you grant an interest under an ESS?​

​​ESS – How do you work out the ‘discount’ when you grant an interest under an ESS?​

​​When setting up an ‘employee share scheme’ (ESS), employers often grapple with the tax implications of issuing ESS interests. However, these concerns only arise if there is a ‘discount’ at the time the ESS interest is granted. Working out if there is a discount, and what the extent of the discount is, are therefore two critical threshold questions.​