Exiting Remuneration Trusts can be tricky

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”

EBT refunds – the clock is ticking

Anyone who has used a tax avoidance scheme that falls under the heading of Disguised Remuneration between 6 April 1999 and 5 April 2016 may now be entitled to EBT refunds.  HMRC are refunding PAYE and NIC to companies who have settled on the basis of Voluntary Restitution.  This applies to most schemes such asContinue reading “EBT refunds – the clock is ticking”