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Taking pay cut ‘could trigger a tax bill’

People who give up a bonus or part of their salary to help their employer stay in business during the coronavirus lockdown could trigger some unexpected tax consequences, experts have warned.

https://www.ft.com/content/1b1e61b3-9ee7-4784-a8d5-12a27d2c8c26
Category: Employment » Remuneration; Taxation. Keyword(s): Coronavirus. Area(s) of law: Employment; Tax.
Source: FT.com.

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