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At Budget 2014 the government announced a call for evidence on remuneration practices in the 21st century to inform future tax policy changes.
This call for evidence requests information to improve the government’s understanding of the wider picture around remuneration including the factors and issues that influence businesses’ and individuals’ decisions when negotiating remuneration packages. It asks questions across four broad areas:
- What different forms of remuneration make up remuneration packages?
- Why are different forms of remuneration used?
- How are different forms of remuneration provided?
- What does the future of remuneration look like?
The government would like to receive evidence from anyone with an interest in remuneration, particularly employers, payroll providers, HR and remuneration specialists, tax professionals and advisers.
The government will be holding a number of roundtable events as part of this call for evidence process. Please contact us if you would like to be involved.