Attracting, motivating and retaining the best people is an aim for many organisations, with a fulfilled workforce as the ultimate goal. However, recruiting and retaining the best talent is not straightforward and has seldom been more competitive. In an ever changing world with more “globally mobile” employees, understanding your business’s tax risks has never been more in focus. KPMG’s tax team can advise on the tax aspects of remunerating and retaining talented employees.

Share plan advisory

Attracting and retaining the best talent who are committed and skilled is crucial for every organisation's success. An effective reward and retention mechanism for employees not only drives performance but incentivises the right behaviours. Likewise, a carefully considered remuneration strategy could save costs for both you and your employees and this approach can work when first setting the business up all the way through to a potential sale, or even on succession of the business ownership to the new “up-and-coming” management team.
Global mobility services

Businesses’ response to COVID-19 coupled with advances in technology has accelerated the trend to “work from anywhere”. This gives rise to challenging situations, for example, employees could live and work in different countries whilst their employer could be based in yet another. Fluidity and flexibility of work patterns present exciting opportunities for businesses and their workforce but they can also create tax challenges and potential pitfalls. We are here to support you to manage your business’s tax and social security risks.
Pensions and employee benefits

High performing employees are the backbone and driving force of any business. Bringing your people together is paramount to attract, motivate and retain the best talent. Our team specialises in employer tax compliance areas such as income tax and social security withholding and reporting obligations, the tax obligations with regards to specific benefits and expenses, tax compliance risk assessments, as well as measures to reduce employment tax costs.

Understanding the requirements and tax obligations with regards to pension schemes can be complex. Whether you would like to discuss a situation for an individual employee, the employer more generally, or even for the scheme itself – we are here to help.