Directory results

 
Result 1 of 1 results
  • Tax - Golden hello payment letter
    Golden hello payment letterAn inducement payment will sometimes be made to a new employee. Such a payment will normally be taxable. Exceptionally, it may be tax-free if you can demonstrate that the payment is not by reason of the employment. How can you establish this?Lump sum paymentA "golden hello" is a popular term for a lump sum payment received on the taking up of employment. Normally, tax is due on these payments as if they were salary. However, if the payment is an inducement rather than a reward for...
    Click here
 
Result 1 of 1 results