IHTM42921 - Employee benefit trusts: conditions for relief: investigation
When investigating whether or not an employee benefit trust satisfies the requirements of IHTA84/S86, there are a number of points to look out for. These are:
- non-qualifying beneficiaries (IHTM42922)
- former employees (IHTM42923)
- probationers (IHTM42924)
- partnerships (IHTM42925)
- trustees’ remuneration (IHTM42926)
- splitting funds or ‘hiving off’ (IHTM42927)
- employees outside the UK (IHTM42928)
- company groups and subsidiaries (IHTM42929)
- share price schemes (IHTM42930)
- part-time staff and casual labour (IHTM42931)
- best interests of the company (IHTM42932)
- insolvency (IHTM42933)
- consultants (IHTM42934)
- payment of tax liabilities out of trust funds (IHTM42935)
- power to transfer funds to another settlement (IHTM42936)
- direction to waive dividends (IHTM42937)