Sunday, Jul 05, 2009

I despair, Is it April 1st?

Times Online: City firms scheme to hide bonus boom from HMRC

City firms are drawing up schemes to help staff to dodge the new 50% rate of income tax, ahead of what is expected to be a rapid return to bumper bonuses in the Square Mile.
Grant Thornton, the accountancy firm, has sent a document to clients outlining one scheme that could afford a “potential tax saving of approximately 40%”.

Posted by tim miller @ 12:27 PM (336 views) Add Comment

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