BIM44510 - Specific deductions: Employee
benefit trusts: main uses
Some EBTs are set up to provide employees and directors with
specific kinds of benefits such as:
- share-related benefits under employee
share schemes set up to give employees a stake in the company or
group by which they are employed - see
BIM44515,
- pension and other benefits under
retirement benefit schemes - see
BIM44520,
- accident benefits - see
BIM44525,
- healthcare benefits - see
BIM44530.
EBTs may also be set up for more general purposes. Guidance on
deductions for employers’ contributions to general purpose
EBTs is at
BIM44535 onwards.
