Software company Veritas claimed its decision to invest extra money in new European headquarters near Reading and a facility Watford depended upon the controversial taxing of stock options, the Financial Times has reported.
Dot.com companies rely heavily on the use of stock options to attract and retain skilled staff. But the perk currently attracts a 12.2% National Insurance tax charge on any increase in value, which new economy companies claim could cripple technology firms.
The Treasury, however, is refusing to reopen the debate claiming it has already made significant changes to the treatment of share options.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel