CORPORATION TAX, INCOME TAX and NICs – Appellant resolved to make contributions to a remuneration trust – whether expenses incurred wholly and exclusively for the purposes of the Appellant’s trade – whether contributions were taxable as diverted remuneration – whether payments made to individuals who were both indirect shareholders and employees of Appellant were within Part 7A ITEPA 2003 – held – expenses not deductible -‘Part 7A applies and the payments are earnings with the exception of one contribution
Citations:
[2022] UKFTT 144 (TC)
Links:
Jurisdiction:
England and Wales
Taxes – Other, Corporation Tax
Updated: 07 June 2022; Ref: scu.677952