- No company should be paying its employees average bonuses over £200k as I understand G-S did last year. Is this a correct figure? If correct, such payments look OBSCENE. Who needs this sort of money?
- No company should be manipulating bonus payments for tax avoidance reasons.
Monday, 14 January 2013
The bonus season fiasco
The BBC News website mentioned that Goldman-Sachs may be postponing their UK bonus pay-outs this year so that employees who qualify will only have to pay tax at 45% rather than 50%. I do not know if this is factually correct but I have strong views on this: