Taxation of individuals in businesses

Employees are the most important resource for any business. In order to attract and retain competent and committed employees, the business must proactively integrate tax in its HR strategy.

This applies to employee benefits such as telephone, broadband, computer, car, education, health schemes, incentive schemes such as share-based salary and employee bonds, inward and outward secondment of employees. In addition, the business must keep track of e.g. withholding and reporting requirements.

There are many opportunities – and many challenges. Tax rules and the way they interact with e.g. employment law are complex and constantly subject to change. Errors may prove costly, both in terms of money and in terms of lost employees. And when you find out that you could have done better, it is too late.

Kromann Reumert's tax law group advises on all aspects of taxation of individuals in businesses.

We advise on:

the specific tax questions continually arising in the day-to-day operation of a business
major strategic HR decisions, and we develop and implement solutions tailored to the requirements of each individual business.