We are engaged in import and export business, and we have to give employees year-end bonuses at the end of the year. The tax burden is relatively high. Is there a better plan?

The following schemes can be considered to reduce the tax burden:

1. Reasonably plan the bonus structure: matching the year-end bonus with other benefits, such as in-kind benefits and travel benefits, can reduce the taxable income and thus reduce the tax burden.

2. Employee stock ownership plan: The year-end bonus will be distributed in the form of employee stock ownership, which can reduce the tax burden. Employee stock ownership plan usually sells the company's shares to employees at a lower price, which can not only increase employees' sense of participation, but also reduce the tax burden.

3. Deferred bonus payment: Deferred bonus payment, for example, in two years, can reduce the annual taxable income and thus reduce the tax burden.

4. increase non-cash benefits: providing more non-cash benefits, such as free accommodation and free transportation, can reduce taxable income and thus reduce tax burden.

5. Rational use of tax policies: Understanding and rational use of national tax policies, such as personal income tax exemption policy and export tax rebate policy, can reduce the tax burden.

Please note that each scheme has its advantages and disadvantages. When choosing a scheme, you need to consider the specific situation of the company and the needs of employees. At the same time, it is recommended to consult a professional tax consultant or lawyer to ensure the legality and effectiveness of the plan.