The differences that can save you money & TAX! The lending terms, home loan redraw and offset account, are often misunderstood. Mostly, because both arrangements allow borrowers to make extra payments toward their home loan (to reduce the interest on the loan), as well as the ability to access this extra funding if needed for…
In this video, James Marshall, Financial Adviser explores FIVE important financial matters expatriates need to consider. They are: Understanding your tax ‘residency’ Foreign tax residency and the implications on your Australian tax affairs Accumulating assets outside of Australia Will your estate plan work when you are overseas and cover other unfortunate events? Managing Australian entities…
Executive Share Schemes are complex. And this is especially true when an employee has unvested performance shares as part of their employer’s executive share scheme is made redundant or is considering taking voluntary redundancy.
Prepared for mining and resources executives and employees who have an Executive Share Scheme (ESS) as part of their salary package, this document provides an insight into the nature of ESS. We aim to create an awareness of the inherent complexity involved in managing an ESS, the requirement for constant review and the high probability…
