Firms Weigh Offshore Bonuses To Skirt Tax
Some U.K. financial institutions are considering paying cash bonuses into offshore trusts set up for employees to get around the newly imposed 50% tax on bonuses over GBP25,000 (USD39,465).
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts