The first edition of this book published in 1997 set out the key legal principles relating to the establishment, administration and taxation of these trusts. The Author draws on over a decade of experience - both as tax practitioner and researcher - to explain how the law and taxation of these trusts has developed.
There have been important developments both in legislation and case law. What were grey areas in 1997 have now become legal certainties, which present both opportunities and pitfalls for Remuneration Trust planning.
Drawing on over a decade of practitioner experience, Paul is able to guide the reader through the typical processes of dealing with HMRC responses to Remuneration Trust structures, and to provide clear risk analysis in relation to different fiscal and financial aspects of trust implementation.
The book provides worked examples of trust planning, and provides insights into issues of trust administration and wealth planning within a trust structure.
The book is written and Paul's clear and engaging style, which makes it accessible both to the practitioner and the interested lay reader.