The introduction of standard deduction in FY2019 lieu of transport allowance and medical reimbursement is unanimously portrayed as being beneficial to employees, at least by HR personnel. To a large extent that is true, even though the mention of the additional 1% […]

On the face of it, who wouldn’t like free money? However, as the recent referendum in Switzerland has shown, if nothing else, people are skeptical of this concept for the time being for the additional expense it will entail. But a concept […]