Market leading insight for tax experts
View online issue

EBT settlements in practice

Speed read

HMRC’s EBT settlement opportunity will justifiably be attractive to many. But before engaging in substantive discussions with HMRC employers should explore in depth the issues that will need to be resolved. Working out in advance how much is payable, how much is recoverable and the practicalities of settlement – by exploring, for example, the maximum PAYE and NICs liability, beneficiary appetite for participation and the basis for apportioning the settlement amount between participants – will allow the employer to enter into a much more efficient, and potentially successful, dialogue with HMRC.

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top