As a Microsoft Employee, the shares you receive as part of your Employee Share Scheme are a great wealth creation asset.
You can use these as the foundation to create your plan to transition from Executive Life to Retired life.
But, as we have spoken about in this blog here they can come at a price.
Without planning, you can be lumped with a large tax bill each year from your Microsoft shares.
Just like Joe did in the case study, you probably sell Microsoft shares to pay your tax bill each year.
For a second, lets forget how terrible this strategy is, and just focus on one part of that statement.
Which Microsoft shares do you sell to cover your tax bill?
Which parcel do you sell?
How do you know which parcel has the least amount of gain and therefore the least amount of tax payable – the next year (yes, you might end up increasing your tax bill the following year by selling Microsoft share to pay this years tax!).
If you had a document that you could go to to review which shares you should sell, it would be easy to choose which parcel to sell.
You could see what gain the parcel had sold and even the estimated tax on the parcel so you could begin to put away money for the tax bill the next year.
Now, where could you get your hands on this?
This sounded amazing!
You can get start by getting your hands on the Microsoft Share Scheme Strategy report.
This report looks at how you can plan for your tax bill that comes from your Microsoft Shares, the strategies you can implement and as an added bonus, you will also receive your Microsoft Share Scheme Scorecard.
You can get all of this for FREE.
We will also send you a bonus Microsoft Share Scheme Scorecard.
This Scorecard helps you have all of your Microsoft Shares in one place, estimate your tax on each parcel and provide clarity on how much you need to put aside for future years.