Trusts for particular purposes: employment-related trusts - trust that an employer makes in favour of an individual
The schemes detailed at TSEM5010 onwards are normally for the benefit of all eligible employees. However an employer may put capital into trust for the benefit of an individual or his/ her family.
This would normally be by way of an employee benefit trust. If so follow TSEM5025. But if a FURBS or EFRBS is involved see TSEM5300.
If a non-Trust Office discovers such a scheme, it should refer the case to the appropriate Trust Office (TSEM1420).