Making staff bonuses add up

Despite the UK government's restrictions on tax planning for bonus payments, Kiki Stannard, a tax director at Smith & Williamson explains some valuable opportunities that benefit both employers and staff at hedge fund firms

Much has been written of the UK government's increasingly hard-line attitude to tax planning for remuneration and bonuses.

Although many schemes that may once have been used to cut the cost of pay-as-you-earn taxation (PAYE) and national insurance for employers and employees are now illegal, all is not lost.

Genuine opportunities to save tax do still remain. This article explains some practical and low-risk approaches to managing the tax charge associated with bonuses. What's more, everyone's a

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