Disguised remuneration schemes under fire
Posted by mostafa on 30 August, 2016
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This item was filled under Tax
A technical consultation, Tackling Disguised Remuneration, has been launched by HMRC. It covers the changes announced in the 2016 Budget to be introduced in Finance Bill 2017 as well as an early draft of the legislation.
Schemes involving a loan by a third party to an employee resulting in that individual being indebted to the lender will be treated in the …