If you have an existing EBT position that you need help in unwinding, or are looking to utilise a trust structure for tax planning reasons, we can advise on the most compliant, effective and cost efficient solution.
Many contractors have either used, or heard of Employee Benefit Trusts. Since the Finance Bill 2011, the tax advantages of this type of trust structure have been removed.
The playing field may have changed, the goal however remains the same and the opportunity still exists to gain great efficiencies for your business or sole trading activities.
We aim to explain in straight forward terms the new landscape that affects the use of trust structures, and can provide solutions for many of your requirements.
If you have assets in an EBT arrangement, we are experts in extraction strategies.
For contractors, with careful planning and implementation of an alternative trust arrangement, a net retention of 86-88% + of the contract invoice value is entirely a possibility.
Existing business and Ltd company owners have a greater array of options, and we will be happy to explain these at a pace that suits you, without pressure, and always with the aim of fully informing our clients.
Before engaging expensive legal advice, call us to further understand the tax planning arena. We do of course have solutions to sell, however we offer a range and strive to supply the best and most cost efficient legal products in the market.
We know we bring great value to our clients, and aim to inform at every step of the process.
A typical case that we can assist with involves an EBT with £50,000 – £1,000,000 in Employee Benefit (more…)
Legislation regarding Employee Benefit Trusts has changed with effect from the 9th December, and Employee Benefit Trusts are (more…)
* Ideal for short-term & long-term contractors
* HMRC Compliant – All payments declared + tax paid
* IR 35 Does not apply
* Average earnings retention of 85-88%
* Reduced administration & accountancy costs
* QC Opinion to validate the tax planning