How To Make Bonuses More Effective
| Business : Running Your Business It is always worth ensuring that you are giving staff their bonuses in the most tax effective way. For instance there may be options whereby the employee can avoid paying tax on their bonus, or at least at a reduced rate, if they elect not to receive the bonus in cash but rather in some sort of share save scheme or even put into an occupational pension. Therefore if you want to save your employees on tax so they can enjoy the whole of their bonus, and to also potentially save your business from some tax, then investigate the various options available to you in this regard.
 Questions about tax planning:
|
|
