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World2Rights.Com

 

World2Rights sows the seeds of long-term thinking.

1. Bonuses in the form of shares should be the most tax-efficient form of rewarding employees provided that they are held for at least a minimum period. Early sale of shares from an employee's bonus fund will result in an early redemption penalty; an employee will always have an incentive to hold onto the shares in his or her bonus fund.

2. Granting free shares to be made the most tax efficient form of rewarding customer loyalty - provided that shares are retained for a minimum period.

3. An additional compulsory pension scheme with fixed deductions made through the tax system will be used to endow personal funds (funded from after-tax income). Top-up payments will be made into the scheme on behalf of the lowest paid.  A choice of funds will be available but they will all be managed on a low risk basis.

4. A new stakeholder investment market, alongside existing markets. Here share buyers will pay deposits that will only re-paid if there is continuous ownership of the related shareholding for a minimum time period.

5. All tax incentives for equity plans to be dependent on i) the fund being held for a minimum time and ii) a certain proportion of the fund's component investments being held for a minimum time.