How your business can lead your industry with R&D
Google, Tesla, Apple … These are all companies that we associate with innovation and technological advancement. Of course, we know that the developments that they make in the world of business come down to tons of research and development (R&D). With all the resources at their disposal, they have the groundwork to make innovation a breeze. Since many […]
Fringe benefits provided to employees
The Seventh Schedule to the Income Tax Act lists various benefits that employers may grant to employees which will attract income tax for the employee, and require the employer to also withhold PAYE on the amount of the benefit granted. These provisions act as anti-avoidance measures to avoid employees receiving “masked” remuneration in formats other than […]