EBT

Company was careless in implementing EBT scheme.

VAT exemption on subscription fees: Where an organisation has aims of a philosophical, philanthropic or civic nature, subscription fees paid to it by its members are exempt from VAT. How does this rule apply to subscriptions paid by members to the...

Taxpayer’s carelessness did not result in a loss of tax 

Payment to EBT was earnings 

The High Court in Chalcot Training Ltd considered whether a payment into an EBT is remuneration or a distribution.