Suggestions on saving businesses money and putting more in the pockets of employees were highlighted at a Business Briefing held by two of the city’s professional firms.
The use of remuneration packages to save tax and National Insurance was discussed by Rawlinsons partner Ken Craig at the breakfast seminar.
Other topics in the spotlight at the event, hosted by Rawlinsons and Hegarty LLP Solicitors were recent changes in employment law and the use of pilot trusts for tax planning and asset preservation. Tim Thompson, employment law partner at Hegarty LLP said “There have been dramatic changes in employment law recently, not only to the legislation but also the tribunal procedure which it is important for businesses to fully understand. It was also clear that there was substantial interest from the audience over the tax advantages of pilot trusts which resulted in the topics being well received.”
Almost 80 business people attended the annual event at the Haycock Hotel, in Wansford.
Ken Craig said: “We were delighted to see so many familiar faces, and some new ones, representing a range of firms from multi national plcs to local sole traders. We are delighted that so many people recognise the value of this kind of event, both for information gathering and networking.”
Notes from the seminar ‘Business Breifing Seminar handout May 2012’ are available to download on the Rawlinsons website.