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Davisite

19,052 Posts.

5860

04/02/18

12:40

Post #: 30803869
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Originally posted by poyndexter ↑

@acorn

“Companies are only going to embrace tax cuts if there is something in it for them . If they get a tax cut and then effectively hand it to the employees then it doesn't really help them“

Our business is in technical services, so retaining key staff and in fact any good staff that we have trained and developed is really critical. So besides working hard on all the non monetary things that lead to high staff retention, being able to give pay rises and/or bonuses via tax cuts afforded to the company would be pretty helpful.

This thread was just about discussing one idea to sharpen the blunt tax cut instrument. Another could be tying the tax cuts to investment aimed at business growth/expansion. Another could be R&D aimed at Business imorovem3nts and breakthroughs.

Cheers
Dex

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How about a PAYG rebate instead. Pay more or hire more and you pay less tax.
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