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EBTSO


Karen Cooper (Cooper Cavendish) sets out the rules, tax treatment and the impact of legislation on EBTs and remuneration planning.

HMRC has warned that companies have until 31 July 2015 to settle with HMRC relating to their use of employee benefit trusts (EBTs), or risk facing ‘substantially larger tax bills’ – and possibly litigation.

HMRC has announced that the settlement opportunity for employers who have used employee benefit trusts (EBT) to avoid tax will close in March 2015.

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