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HMRC internal manual

Trusts, Settlements and Estates Manual

Trusts for particular purposes: employment-related trusts - new general employee benefit trusts

‘Employee benefit trust’ here means a general employee benefit trust (TSEM5025).

That is a trust, which is not

  • a retirement benefits scheme
  • an approved share scheme.

 Trustees should notify HMRC of new Employment Benefit Trusts using the Trusts Registration Service TSEM1402.

Trustees are required to check the information held in the register is accurate and up to date.