IHTM42806 - Special trusts: employee trusts and newspaper trusts

Charging provisions: IHTM04100

Chargeable events are liable to Inheritance Tax (IHT) at the flat rate. (IHTM42802)

Distributions to the employees or their relatives or dependants are normally exempt.

IHTA84/S87 specifically allows trusts for newspaper publishing companies or newspaper holding companies to receive the same IHT treatment as employee benefit trusts (EBTs). 

There is a full separate section of guidance on EBTs at the end of this chapter of the Manual. (IHTM42900)