The long-running tax dispute over Rangers Football Club's use of employee benefit trusts is set to continue after HMRC lost an upper tier tribunal appeal for the payments to players to be taxed as
employee benefit trust
I know this is an extremely complex area and of course don't expect definitive advice but any general opinions would be welcome!
HMRC has launched an appeal against a tax tribunal which found in favour of Rangers FC’s use of employee benefit trusts (EBTs).
US bank JP Morgan is getting close to reaching a £500m settlement with HMRC to pay back taxes from an offshore trust for bonus payments.
HMRC confirmed this week it will seek to appeal against the tribunal decision
A first-tier tribunal has ruled that payments made to players and staff a
A close company’s “facility” to enable employees to acquire shares in the company is a loan and subject to corporation tax, a tribunal ruled.