Tag: HMRC Inquiries

Employment Benefit Trusts Tax Avoidance Schemes
Our Blog

Employee Benefit Trust – The Story Behind

The main purpose of an EBT is to reward and incentivise employees, who in turn are keen to see the company fare well, and yield the rewards at a later date. This can include the granting of share options, or cash payments to beneficiaries.

HMRC Hunt Of Tax Evasion Through CONNECT
Our Blog

HMRC Hunt Of Tax Evasion Through CONNECT

HMRC compliance checks using the CONNECT system are carried out daily to flag up tax avoiders. The CONNECT software gathers over a billion records from a variety of sources.