Firms protest against tax-relief cut on PRP

Merrick, Neil
December 1996
People Management;12/5/1996, Vol. 2 Issue 24, p15
Reports that companies may face inflated wage demands to compensate workers for the tax they pay on profit-related bonuses. Reaction of businesses operating profit-related pay (PRP) schemes to the chancellor's decision to phase out tax relief; How employees can receive a tax-free sum of up to 4,000 pounds per year; Purpose of tax relief.


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