Disguised Remuneration Guidance Published

Posted: 20th April 2011

The proposed rules to deal with ‘disguised remuneration’ (where remuneration or assets are made available to an employee by a third party such as an employee benefit trust) have bee published.
The rules will be contained in the Finance Act 2011 and will apply retrospectively from 6 April 2011.
The legislation is much more complex than the proposals published last December. HM Revenue and Customs has published a series of responses to frequently-asked questions which are a less impenetrable guide to the legislation than the Finance Bill.