Directors cannot use trusts as loan pots, says GAAR panel

Log in to your account

FREE Sign up to Accountancy Daily and enjoy

Login image
  • Unlimited analysis & case report access
  • Exclusive surveys & industry updates
  • And much, much more...
Sign up

The General Anti Abuse Rule (GAAR) advisory panel has issued a ruling setting out its views on abuse of employee reward arrangements through trusts where loans are used to avoid income tax

Related Articles