FTT finds company was careless in implementing EBT scheme (Janet Bray Ltd v HMRC)

Table of contents

• Why it matters
• Case details

Article summary

Tax analysis: In Janet Bray Ltd v HMRC, the First-tier Tax Tribunal (FTT) upheld PAYE determinations and penalties issued on the basis that the taxpayer company had been careless in implementing an employee loan scheme that it accepted did not work.