An independent view relating to the new government legislation taking effect from 6 April 2011 regarding Anti-Avoidance: Disguised Remuneration, by Jane Stevens
Friday, February 11th, 2011Thank you to Jane Stevens, UK Service Delivery Manager at Jenrick IT for writing this article in response to the initial article on EBT
Schemes last month.
There have been many schemes set up over the years including EBT (Employment Benefit Trusts) Schemes in order to take advantage of loopholes in the law where trusts or other vehicles are used to reward employees (contractors) which seek to avoid or defer the payment of income tax or National Insurance Contributions.