I’ve checked my stocks and I’ve made no profit at all on them. Ive actually got less than its value - makes sense right now as ACN share price is down…but ive noticed that this has always been the case. Is there any value of me getting a lesser salary by putting in 10% of my salary in the shares? Do I save a lot via tax? How does that bit work?

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Make sure you sell it immediately after receiving the shares and that will get you around 11-12% return on 6 months investment after income tax deductions which is quite good as per me.

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Even if you sell immediately you have to pay income tax on a 15% discount. So net net it's around 11-12% saving if you sell immediately.

IBM1 - just the gain. So if the share price is $200 on 1st Nov and you get the 15% employee discount, that means you’ll purchase each share for $170. So if you were to sell immediately, your gain would be $30 (200-170). You would then pay tax on that $30

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I never said otherwise.

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