Disguised Remuneration – the Effect on Image Rights Payments

    View Authors November 2011

    Over the last eleven months, much attention has been given to the rules on disguised remuneration which were announced by HM Revenue & Customs (HMRC) in December 2010. Whilst we were all expecting the Government to legislate against the use of Employee Benefit Trusts (EBTs) and Employer Funded Retirement Benefit Schemes (EFRBS) as methods of remunerating employees, the widely drafted disguised remuneration rules (which are now part of the employment tax legislation) took many people by surprise.

    Read the full Taxation & Benefits Review (PDF).