The ‘loyalty points scheme’ claims to provide a corporation tax deduction and a tax-free windfall for the director. On closer examination, however, the scheme fails for several reasons. As with so many marketed arrangements, the marketing tells less than the full story.
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The ‘loyalty points scheme’ claims to provide a corporation tax deduction and a tax-free windfall for the director. On closer examination, however, the scheme fails for several reasons. As with so many marketed arrangements, the marketing tells less than the full story.
If you are not a subscriber, subscribe now to read this content.
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