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HMRC internal manual

Business Income Manual

Specific deductions - employee benefit trusts: main uses

Some EBTs are set up to provide employees and directors with specific kinds of benefits such as:

  • share-related benefits under employee share schemes set up to give employees a stake in the company or group by which they are employed - see BIM44515,
  • pension and other benefits under retirement benefit schemes - see BIM44520,
  • accident benefits - see BIM44525,
  • healthcare benefits - see BIM44530.

EBTs may also be set up for more general purposes. Guidance on deductions for employers’ contributions to general-purpose EBTs is at BIM44535 onwards.