Submitted on Monday 1st April 2013
Rejected on Wednesday 21st June 2017
Current status: Rejected
Rejection code: irrelevant (see below for details)
Limit corporate bonus pools to a percentage of Corporation Tax paid
Introduce laws and/or regulations so that the maximum available bonus pool of any business is linked to Net-Corporation-Tax paid over the previous 3 (or more) years. This will ensure it is the vested interest of every business executive that correct Corporation Tax is paid every year while also making it difficult to "hide" or "invent" profits to artificially inflate the bonus-pool.
A simple, transparent and fair formula should be used, for example: Maximum-Bonus-Pool = 5% of Average-Corporation-Tax-Over-3-Years.
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The Government e-Petitions Team gave the following reason:
3.15.148.203 Thu, 21 Nov 2024 19:03:39 +0000
