Trusts for particular purposes: employment-related trusts - guidance
The following guidance contains examples of the types of employment-related trusts set up by employers and says how you should deal with them.
Apart from brief advice contained in the summaries at TSEM5055, TSEM5060, TSEM5350 and TSEM5355, the instructions deal only with the action to take in relation to the trusts. The instructions do not deal in detail with issues of whether sums that an employer pays are allowable for trading purposes. Nor do they address the employment income treatment of such sums in the hands of the employees. Refer to the appropriate guidance manual if you need to consider these points.