Monthly Archives: August 2017

//August

Update on Employee Benefit Trusts

HMRC has won in the Supreme Court against Glasgow Rangers and its use of Employee Benefit Trusts (‘EBTs’). Rangers had been using an EBT to channel approximately £50m of payments to employees since 2001. HMRC claim that the amounts received as “loans” is actually subject to tax and forms part of the employee’s income. All [...]

2017-08-04T16:47:49+00:00August 4th, 2017|