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Are They Always What They Seem?

 
Eric Williams tax partner and Gary Ashford senior tax manager at Grant Thornton UK LLP take a closer look at a recent development in relation to employer compliance reviews
 
Some readers may have recently received or seen letters from Inland Revenue employer compliance officers requesting information surrounding employee benefit trusts (EBTs). But what are the real motives behind such requests?
 
Businesses and professional advisers should not ignore the possibility that information gathered by employer compliance officers can have wide-ranging consequences.
 
An employer compliance review or for that matter any other Inland Revenue visit should never be regarded as 'the norm' or an everyday inconvenience of business. It is essential that directors do not adopt a 'let's get it over with' mindset in the belief...

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