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HMRC internal manual

Trusts, Settlements and Estates Manual

Trusts for particular purposes: employment-related trusts - guidance

The following guidance contains examples of the types of employment-related trusts set up by employers.

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 which can be found in the appropriate guidance manual.