Planning for an upturn

The headlines can make it feel as though hanging on for dear life is the only thing left to do in this economy. However, the same economic cycle that's brought us to this point will eventually take us through and out to an upturn. Some planning now can put you in the best position to take advantage of the upturn when it comes. Over the next few weeks, Wragge & Co's Tax team will be exploring ideas and strategies to help businesses make the most out of tax opportunities that are available now.

The first of the team's practical tips suggests offering employees shares instead of cash to reward and retain them.