Publisher's Synopsis
This book explains how all the elements in a remuneration package, both straight salary and fringe benefits, are taxed, and provides a guide on how to arrive at the most tax efficient and attractive packages of salary, incentives and benefits which are to the advantage of both staff and employers.;It deals individually with each element likely to be found in a remuneration package, from cash rewards and profit-related pay, to pensions and company cars. Not only are the implications of income tax/PAYE considered, but also NIC and VAT, as well as the employer's liability for corporation tax and income tax.