Employee benefit trusts (EBTs) were established as a means for businesses to hold assets which could then be paid out to employees with minimal or no tax burden. HMRC has designated many EBTs as tax evasion schemes, and has been pursuing liable companies and directors for more than two decades.
In this podcast, Tim Symes and Lisa Vanderheide discuss the tax liabilities that can come about from an EBT scheme, and the implications for the directors of a company that has entered a formal insolvency process.
This podcast is hosted by ZenCast.fm
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