Charging provisions:
IHTM04100
Chargeable events are liable to inheritance tax at the flat
rate. (
IHTM42802)
Distributions to the employees or their relatives or
dependants are normally exempt.
IHTA84/S87 specifically allows trusts for newspaper
publishing companies or newspaper holding companies to receive the
same inheritance tax treatment as employee benefit trusts (EBTs).
If you come across an EBT or newspaper trust,
refer to TG Edinburgh immediately. There may be
particular taxation or avoidance implications.
EBTs provide a complex area of taxation. There is a full
separate section of guidance for technicians considering EBTs at
the end of this section of the Manual. (
IHTM42900)
