facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog external search brokercheck brokercheck Play Pause

News and views

How will you reward employees in this new world order? Thumbnail

How will you reward employees in this new world order?

Employers previously were able to recruit and retain by creating a superior working environment – modern buildings, flash corner offices for executives, free food or at least a great staff restaurant and pool tables, tables tennis or whatever kept the staff amused all played an important part in overall reward packages. But now none of these seem so important…

Taxation Basics: Marginal vs Average Tax Rates Thumbnail

Taxation Basics: Marginal vs Average Tax Rates

Should I make a pension contribution if I am not going to receive 40% tax relief? We frequently read the misguided view that people who are going to be paying 40% tax in retirement should not bother paying into AVCs since they won’t receive any benefit. Misunderstandings about two different types of tax rates often create confusion in discussions about taxes. A taxpayer’s average tax rate (or effective tax rate) is the share of income that he or she pays in taxes. By contrast, a taxpayer’s marginal tax rate is the tax rate imposed on his or her last euro of income.