Income Tax Assessment Regulations 1997 (Repealed)
PART 2
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LIABILITY RULES OF GENERAL APPLICATION
Division 83A
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Employee share schemes
REGULATION 83A-315.08
TABLE 1 AND INSTRUCTIONS
83A-315.08(1)
The following table sets out the Table 1 percentages for calculation percentages of 50% or more and less than 110%.
83A-315.08(2)
From Table 1, select the percentage (the Table 1 percentage ) that corresponds to:
(a) the period, in months, from the particular day until the last day on which the right may be exercised (the exercise period ); and
(b) the calculation percentage;(a) a risk-free interest rate of 4%;
(b) a dividend yield of 4%;
(c) volatility of 12%.
83A-315.08(3)
If, in relation to a particular right:
(a) the exercise period; or
(b) the calculation percentage;
View history note
Hide history noteThe following table sets out the Table 1 percentages for calculation percentages of 50% or more and less than 110%.
| Table 1 - Table 1 percentages | |||||||
| Calculation percentage 50% to 92.5% | |||||||
| Exercise period (months) | Calculation percentage (%) | ||||||
| 50 to 60 | 60 to 70 | 70 to 75 | 75 to 80 | 80 to 85 | 85 to 90 | 90 to 92.5 | |
| 168 to 180 | 0.5% | 1.3% | 2.6% | 3.5% | 4.6% | 5.8% | 7.1% |
| 156 to 168 | 0.4% | 1.2% | 2.5% | 3.4% | 4.4% | 5.7% | 7.1% |
| 144 to 156 | 0.4% | 1.0% | 2.3% | 3.2% | 4.3% | 5.5% | 7.0% |
| 132 to 144 | 0.3% | 0.9% | 2.2% | 3.0% | 4.1% | 5.4% | 6.8% |
| 120 to 132 | 0.2% | 0.8% | 2.0% | 2.8% | 3.9% | 5.2% | 6.6% |
| 108 to 120 | 0.2% | 0.7% | 1.8% | 2.6% | 3.7% | 4.9% | 6.4% |
| 96 to 108 | 0.1% | 0.6% | 1.6% | 2.4% | 3.4% | 4.6% | 6.1% |
| 84 to 96 | 0.1% | 0.4% | 1.3% | 2.1% | 3.0% | 4.3% | 5.8% |
| 72 to 84 | 0.1% | 0.3% | 1.1% | 1.7% | 2.7% | 3.9% | 5.4% |
| 60 to 72 | 0.0% | 0.2% | 0.8% | 1.4% | 2.2% | 3.4% | 4.9% |
| 48 to 60 | 0.0% | 0.1% | 0.5% | 1.0% | 1.7% | 2.8% | 4.2% |
| 36 to 48 | 0.0% | 0.0% | 0.3% | 0.6% | 1.2% | 2.1% | 3.4% |
| 24 to 36 | 0.0% | 0.0% | 0.1% | 0.3% | 0.6% | 1.3% | 2.4% |
| 18 to 24 | 0.0% | 0.0% | 0.0% | 0.1% | 0.3% | 0.9% | 1.8% |
| 12 to 18 | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.4% | 1.1% |
| 9 to 12 | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.2% | 0.8% |
| 6 to 9 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.4% |
| 3 to 6 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% |
| 0 to 3 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Calculation percentage 92.5% to less than 110% | |||||||
| Exercise period (months) | Calculation percentage (%) | ||||||
| 92.5 to 95 | 95 to 97.5 | 97.5 to 100 | 100 to 102.5 | 102.5 to 105 | 105 to 107.5 | 107.5 to less than 110 | |
| 168 to 180 | 7.9% | 8.6% | 9.4% | 10.3% | 11.2% | 12.2% | 13.3% |
| 156 to 168 | 7.8% | 8.6% | 9.4% | 10.3% | 11.2% | 12.2% | 13.3% |
| 144 to 156 | 7.7% | 8.5% | 9.4% | 10.3% | 11.2% | 12.2% | 13.3% |
| 132 to 144 | 7.6% | 8.4% | 9.3% | 10.2% | 11.2% | 12.2% | 13.3% |
| 120 to 132 | 7.5% | 8.3% | 9.2% | 10.2% | 11.2% | 12.2% | 13.3% |
| 108 to 120 | 7.2% | 8.1% | 9.1% | 10.0% | 11.1% | 12.1% | 13.3% |
| 96 to 108 | 7.0% | 7.9% | 8.8% | 9.8% | 10.9% | 12.0% | 13.2% |
| 84 to 96 | 6.6% | 7.6% | 8.5% | 9.6% | 10.7% | 11.8% | 13.0% |
| 72 to 84 | 6.2% | 7.2% | 8.2% | 9.2% | 10.4% | 11.6% | 12.8% |
| 60 to 72 | 5.7% | 6.7% | 7.7% | 8.8% | 9.9% | 11.2% | 12.5% |
| 48 to 60 | 5.1% | 6.0% | 7.0% | 8.2% | 9.4% | 10.7% | 12.1% |
| 36 to 48 | 4.2% | 5.2% | 6.2% | 7.4% | 8.6% | 10.0% | 11.4% |
| 24 to 36 | 3.2% | 4.1% | 5.1% | 6.3% | 7.6% | 9.0% | 10.5% |
| 18 to 24 | 2.5% | 3.4% | 4.4% | 5.5% | 6.8% | 8.3% | 9.9% |
| 12 to 18 | 1.7% | 2.5% | 3.4% | 4.6% | 6.0% | 7.5% | 9.2% |
| 9 to 12 | 1.3% | 2.0% | 2.9% | 4.0% | 5.4% | 7.0% | 8.8% |
| 6 to 9 | 0.8% | 1.4% | 2.2% | 3.3% | 4.7% | 6.4% | 8.3% |
| 3 to 6 | 0.3% | 0.6% | 1.3% | 2.4% | 3.8% | 5.7% | 7.8% |
| 0 to 3 | 0.0% | 0.1% | 0.5% | 1.4% | 3.0% | 5.1% | 7.5% |
83A-315.08(2)
From Table 1, select the percentage (the Table 1 percentage ) that corresponds to:
(a) the period, in months, from the particular day until the last day on which the right may be exercised (the exercise period ); and
(b) the calculation percentage;
and then multiply the amount, or lowest amount, that must be paid to exercise the right by the Table 1 percentage. The result is the value of the right .
Note:
The following assumptions were used to work out the Table 1 percentages:
83A-315.08(3)
If, in relation to a particular right:
(a) the exercise period; or
(b) the calculation percentage;
is the top of one range in Table 1 and is also the bottom of another range in the table, it is taken to be in the lower range and not in the higher range.
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