Avoiding 50% tax: Cheap loans and EBTs

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Avoiding 50% tax: Cheap loans and EBTs.

When AccountingWEB is openly promoting tax abuse its time for serious preventative measures.

1) Disallow all payments to emplyee benefit trusts for corproation tax

2) Charge all payments to EBTs to PAYE when paid assuming employee's NIC and highest marginal rate of income tax apply.

That's my suggestion.

Problem solved.