Tax, Rewards & Incentives
Navigating this complex and constantly evolving area presents real challenges for many businesses, entrepreneurs and executives alike, but the benefits – financial and otherwise – of getting tax, rewards and incentives right can be substantial.
Whether structuring business sales in a tax efficient manner, implementing sophisticated bonus schemes or equity arrangements for staff, or co-ordinating tax arrangements for cross-border transactions, the possibilities – and potential pitfalls – are many and varied.
We guide our clients through the complexities and technicalities in a clear and down to earth way. Our skills lie in disentangling the issues so that our advice is straightforward and business-friendly, helping you to achieve your commercial aims in a way which minimises risk and maximises efficiency.
Advising individuals and businesses ranging from multinational blue-chip corporates to SMEs, our expertise spans areas as diverse as tax and VAT planning, property transactions, pensions taxation, partnership structures, staff incentives, investment and funding issues, restructurings, and international tax considerations to address any challenge you may face.
Frequently asked questions on termination payments29 March 2023
Our FAQs Inbrief looks at some of the common tax questions that arise on termination of employment.
Lifting the cap21 December 2022
One of the few proposals to survive from Kwasi Kwarteng’s Growth Plan in September 2022 is the abolition of the so-called bankers’ bonus cap. We take a look at the consultation paper that has just been published.
Tax rules for employment intermediaries - what this means for agencies and employment businesses31 October 2022
Over recent years a number of anti-avoidance measures have been introduced in a bid to tackle “disguised employment”. Disguised employment refers to those situations where arrangements are implemented to falsely treat employees or workers as self-employed, primarily to gain a tax or National Insurance Contributions (NICs) advantage.
IR3518 October 2022
The introduction of IR35 for the private sector took effect from April 2021 and represented the biggest change to employment tax for decades.
IR35 reversal reversed!17 October 2022
Plans to repeal IR35 tax-avoidance reforms in April 2023 have been scrapped as part of a major reversal of proposed tax cuts.
Gender pay gap reporting in Ireland – updated guidance clarifies some (but not all) tricky issues20 July 2022
The gender pay gap reporting regulations in Ireland were published last month. Straight away, a number of issues with interpretation were apparent. The government has now clarified some (but not all) of these.
Court of appeal decision gives comfort on employment status for tax purposes26 May 2022
The Court of Appeal has held that when determining employment status of an individual for tax purposes the contractual terms should not be disregarded unless they are unrealistic. This decision offers some comfort to businesses which engage self-employed contractors, including those in the gig economy.
Spring Statement 2022: Brevity is the Soul of Wit23 March 2022
I’m a big fan of 90 minute films, 250 page books and exhibitions comprising precisely two rooms, so it should come as no surprise that I appreciated the Chancellor’s snappy Spring Statement which clocked in at around the 27 minute mark. We’re all busy (and there's not much to report), so my summary of the key tax announcements affecting businesses and entrepreneurs will follow that style.