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Finance
Tax efficient remuneration
  1. James Bailey

    James Bailey is the senior manager at KPMG Tax Advisors in Plymouth. Previously he was an Inspector of Taxes in London. He specialises in tax efficient remuneration packages.

Abstract

Tax efficient remuneration involves providing people with rewards for their efforts which attract less tax or National Insurance contributions than cash payments. In effect, such rewards increase the amount of time employees spend in a week working for themselves rather than the Government. This article suggests some ways of redressing the balance a little in favour of the employees.

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