Increased bonuses for directors won’t please shareholders
Nearly 25% of the UK’s largest organisations will freeze executive salaries this year because shareholders will not tolerate high payouts, according to a new report from PwC.
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HMRC amends wording of new tax avoidance regulations
The government has confirmed that deferred bonuses will not fall under its new tough tax avoidance regulations.
Bankers swerved supertax
Financial recruiter Goodman Masson’s director Richard Hoar recently stated that the so-called banking “supertax” has not precipitated the mass exodus of financial services staff that industry experts had been fearing.