IHTM42921 | Employee benefit trusts: conditions for relief: investigation
From HM Revenue & Customs · Inheritance Tax Manual
When investigating whether or not an employee benefit trust satisfies the requirements of , there are a number of points to look out for. These are:
non-qualifying beneficiaries ()
former employees ()
probationers ()
partnerships ()
trustees’ remuneration ()
splitting funds or ‘hiving off’ ()
employees outside the UK ()
company groups and subsidiaries ()
share price schemes ()
part-time staff and casual labour ()
best interests of the company ()
insolvency ()
consultants ()
payment of tax liabilities out of trust funds ()
power to transfer funds to another settlement ()
direction to waive dividends ()