After A Day FURBS are treated as Employer Financed Retirement Benefit Schemes. Up until A Day a FURBS had an annual exempt allowance for CGT of one-half the individual allowance.
Does anyone know how the annual exempt allowance works for EFRBS? I have read varying comments the most recent being that one allowance is available to share among all schemes of the one employer with a minimum of 10%. If this is correct is it the individual allowance that is shared or the trust allowance - Help would be greatly appreciated.
Terry Bowman