Employee benefit trusts: section 218 IHTA notices | Practical Law

Employee benefit trusts: section 218 IHTA notices | Practical Law

Professional advisers are required to notify HMRC of the creation of an offshore trust by a UK-resident settlor. This practice note looks at the requirements of section 218 of the Inheritance Tax Act 1984 and some of the practical issues that can arise for advisers.

Employee benefit trusts: section 218 IHTA notices

Practical Law UK Practice Note 6-503-5384 (Approx. 6 pages)

Employee benefit trusts: section 218 IHTA notices

by Practical Law Share Schemes & Incentives, based on materials originally contributed by Addleshaw Goddard LLP
Maintained • England, Wales
Professional advisers are required to notify HMRC of the creation of an offshore trust by a UK-resident settlor. This practice note looks at the requirements of section 218 of the Inheritance Tax Act 1984 and some of the practical issues that can arise for advisers.