Written question asked by Lord Austin of Dudley (Labour) on Tuesday, 27 June 2017, in the House of Commons. It was due for an answer on Thursday, 29 June 2017. It was answered by Mel Stride (Conservative) on Wednesday, 5 July 2017 on behalf of the Treasury.

Employee Benefit Trusts

Question: To ask Mr Chancellor of the Exchequer, whether he has conducted a review of regulations relating to employee benefit trusts as a result of the case of the Roadchef Employees Benefit Trust.

Answer: HM Revenue and Customs (HMRC) periodically reviews the taxation affairs of Employee Benefit Trusts (EBTs). Where reviews have identified wider taxation implications, HMRC has taken appropriate action. For example, the use of EBTs as avoidance vehicles resulted in legislation being introduced to address disguised remuneration. HMRC has identified no further EBT issues with wider taxation implications and no formal review of regulations relating to EBTs is planned.

Secondary information

Type: Written question
Reference: 1465
Session: 2017-19
Related items: Employee Benefit Trusts: Regulation
Tuesday, 28 November 2017
Written questions
House of Commons; Roadchef: Employee Benefit Trusts
Thursday, 30 November 2017
Written questions
House of Commons; Employee Benefit Trusts
Thursday, 8 March 2018
Written questions
House of Commons; Roadchef: Employee Benefit Trusts
Monday, 16 April 2018
Written questions
House of Commons
Subjects: Employee benefit trusts Regulation Reviews Roadchef
Link: View this Written question on www.parliament.uk