Change our tax system to keep our wealth creators
Before you write it off as a tax cut for the rich, weigh up the real and tangible benefits of this radical plan, writes Frank Murphy of Monex
In the Financial Services sector, which my company Monex operates, we work with high-value turnover clients managing cash and foreign exchange margins on their behalf.
When first assessing our commercial model, we analysed our long-term business strategy and what would deliver the most compelling future for our business. Incentivising clients to continually engage with our service results in measurable impacts to the bottom line for both our clients and for Monex.
Taking the logical commercial approach, striving to drive higher revenue reaps the benefit of performance-enhanced profit margins. So, the more we work as a partnership, the more money we both make.