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)