As businesses compete to recruit and retain executives in the midst of a global skills
shortage, the ability of employers to look outside the square with respect to the support
they provide key personal is critical.
It is not uncommon to have key executives neglect their own financial affairs, in
particular matters with respect to taxation planning, asset protection and succession, as a
consequence of their commitment to their employer.
It is generally accepted that with each step up the ladder, not only does one’s income
increase, but so does one’s responsibilities, both to the company / business and to outside
Further, the recent changes with respect to taxation (the only certainty in life) and
government policy (consider the many election promises made) suggests that a regular review
of existing strategies for those who have considered their financial position is
Just as business owners and shareholders consider their own financial position in making
decisions, they should also consider the position of their senior executives.
What Does The Executive Health Check Entail?
An Executive Health Check provides the executive with a comprehensive and
confidential report on matters such as:
identification of and advice on tax issues;
identification of risk exposure;
suggestions on optimal structuring for wealth protection and tax
advice on the structure of salary sacrifice arrangements;
review of and advice on your family’s estate planning
Why Should The Business Owner / Company Arrange For This Service To Be Provided To
Their Senior Executives?
Providing this service to senior executives provides significant point of differentiation
in a competitive employment market. Most importantly an ‘Executive Health Check’ enables
executives to maintain their focus on your business by removing the distraction of any
concerns they may have in regards to their own financial affairs.
If you would like us to conduct an Executive Health Check on your senior executives,
please contact your local Moore Stephens office.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
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