HMRC extends time period on “disguised remuneration” schemes

HM Revenue & Customs (HMRC) has added a four month extension to the amount of time allocated to wealthy investors to escape being taxed on investment gains from “disguised remuneration” schemes. 

Beneficiaries of employee benefit trusts now have until 31 March 2017 to claim relief for any investment gains. 

If you have any concerns or queries relating to this matter, contact Alan Ford or your usual Beavis Morgan Partner.