In the event of a disease outbreak, all organisations have a key role to play in managing the risks to the health and safety of employees/volunteers and maintaining critical services.
Below is a simple 10 minute business continuity self-assessment based on a disease outbreak. The aim of the assessment is to highlight issues you need to consider to prepare for a disease outbreak that may disrupt your organisation.
It is often appropriate, for reasons of tax efficacy, for shareholding Directors to be remunerated through a mixture of salary and dividends. It can make for a significant National Insurance saving.
But an oft overlooked fact is that dividends are not always covered by a Death in Service scheme Benefit.
Some scheme providers will cover dividends where specified, but where a scheme states 4x salary, it could be a nasty surprise for a bereaved dependent to find that instead of receiving 4x £100,000 they are only going to receive 4x £12,000.
It is easily resolved and better to find out now; rather than later, to your partners’ widow or widower’s detriment.
If you would like to discuss Death in Service benefits for your staff or directors, please get in touch.
Contact protection@pilpetersfield.co.uk for more details