Rewarding and retaining key personnel of the growing business paper

Published on 08 Nov 12 by NATIONAL DIVISION, THE TAX INSTITUTE

Key employees are vital to the continuing growth of the business. They will be retained and innovate if rewarded appropriately. This paper is about the important issue of employee remuneration and its tax consequences for both employer and employee.

The issues which will be considered include:

• providing equity in the business while retaining family control
• the interaction between Div 83A and executive share and option plans
• alternative remuneration strategies, e.g. phantom share schemes
• sign-on incentives and other bonus arrangements
• funding of employee incentives
• thinking ahead – impact on the structure and exit/succession planning.

Author profiles

Meagan O'Connor ATI

Meagan is a Principal of Sladen Legal and practises in the areas of mergers and acquisitions, business and commercial advice, business and investment structuring, trusts and succession planning. Meagan has a significant depth of understanding and experience on all legal matters relating to business transactions, commercial contracts and structuring. Meagan is one of the contributing authors of The Tax Institute's Trust Structures Guide and has written articles for The Tax Institute's journal Taxation in Australia. - Current at 06 February 2017

More by Meagan O'CONNOR

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• Managing trust losses paper - 08-October-2009
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• Trusts roadshow: Case studies and workbook paper - 23-May-2008
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• A matter of trusts: Settlement of Trusts - 01-July-2006

Click here to expand/collapse more articles by Meagan O'CONNOR.

Meagan O'Connor ATI

Meagan is a Principal of Sladen Legal and practises in the areas of mergers and acquisitions, business and commercial advice, business and investment structuring, trusts and succession planning. Meagan has a significant depth of understanding and experience on all legal matters relating to business transactions, commercial contracts and structuring. Meagan is one of the contributing authors of The Tax Institute's Trust Structures Guide and has written articles for The Tax Institute's journal Taxation in Australia. - Current at 06 February 2017

More by Rob JERAMIAH

• A matter of trusts: Estate proceeds trusts post-Victorian intestacy amendments - 01-May-2017

Click here to expand/collapse more articles by Rob JERAMIAH.