Exiting Remuneration Trusts raise a number of issues that need to be addressed. Finding a tax solution (particularly one that is acceptable!) may have become easier for some with HMRC’s new Settlement Terms recently announced. Applications to HMRC have to be with HMRC by 31 July 2022, with all computations. Even then there may stillContinue reading “Exiting Remuneration Trusts can be tricky”
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HMRC offer a new Settlement Opportunity for Remuneration Trusts
There is no doubt that tax avoidance evolved over the years. I first came across tax schemes in the 1990’s when there were more “simple” schemes such as investments in platinum sponge and alike. Then they progressed to Employee Benefit Trusts and Remuneration Trusts through which owners of businesses were given interest free loans. CertainContinue reading “HMRC offer a new Settlement Opportunity for Remuneration Trusts”