Generally, there is no deduction available for you if you issue ESS interests to your employees. However, the ESS rules provide you with a limited specific deduction.
If you provide ESS interests under an upfront scheme that meets the requirements for eligibility for the $1,000 reduction, a deduction equal to the amount of the upfront concession is available to you up to a maximum of $1,000.
The deduction is available regardless of whether the employee receiving the ESS interests has met the income test.
A general deduction may be available if ESS interests are provided through a share trust.
See also:
A limited deduction is available if the employee share scheme is eligible for the $1,000 reduction.