Employee benefits trusts - settlement opportunity

HMRC has announced that the settlement opportunity will close for applications on 31 March 2015, with settlements to be finalised and payments made by 31 July 2015.

You can access HMRC's guidance via this link.

HMRC have not set out exactly how any registration should be made but a simple letter received before 31 March 2015 setting out that a customer wishes to avail themselves of the settlement opportunity terms and confirming that they will settle before 31 July 2015 will be sufficient.