Categories: employee benefit trusts

HMRC to close EBT settlement opportunity

HMRC to close EBT settlement opportunity

A settlement opportunity for employers who have used Employee Benefit Trusts (EBT) to avoid tax will close in March 2015, HM Revenue and Customs (HMRC) announced today.

Tax adviser’s trust scheme blocked

Tax adviser’s trust scheme blocked

A tax avoidance scheme which routed profits of a tax advisory business through employee benefit trusts has been closed by a tribunal.

HM Revenue & Customs (HMRC) is the UK’s tax authority

HMRC is responsible for making sure that the money is available to fund the UK’s public services and for helping families and individuals with targeted financial support.

HM Revenue & Customs (HMRC)

100 Parliament St
SW1A 2BQ London

GOV.UK/HMRC
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