Employer & Employee Tax Planning

Employer & Employee Tax Planning

We understand that staff motivation lies at the core of successful business therefore we understand the importance of retaining key employees, attracting new talent and rewarding long term employees. Staff incentives may take many different forms depending on the needs of the business, progress of the employee and the motivation issues to be addressed.

BDO Northern Ireland can assist you in maximising the tax efficiency of employee remunerations through the creation and implementation of tailored tax efficient remuneration packages.

BDO Northern Ireland has the expertise to assist in the following:

Share Incentive Schemes

Rewarding your employees with shares will give them a focus on increasing the value of the business. Share incentive schemes, such as the Enterprise Management Scheme (EMI), can be a very tax efficient method of rewarding employees particularly in a cash restricted environment.

BDO Northern Ireland can work with you to design the most suitable share scheme that will achieve your desired objectives in the most tax efficient manner.

We also provide a share valuation service.

Remuneration Structuring

Employers often face difficulty in determining the most tax efficient methods of structuring remuneration packages for new or existing employees, especially when there is to be a mixture of salary, bonus, pensions and other benefits (company car, medical insurance premiums) likely to be present.

BDO Northern Ireland can analyse your requirements and tailor a tax efficient remuneration package for any new or existing employees.