Employee Benefit Trusts

[Alaric]

I recall these from the struggles of the Glasgow Rangers football club. Players were being "paid" using these.

https://www.employeebenefits.co.uk/issu ... -tax-case/

It appears to have been more widespread and there's now a crackdown.
https://www.theguardian.com/money/2019/ ... ance-bills

Briefly the tax avoidance was by virtue of income for services being paid as a loan. That isn't taxable, but if there's no intention that it be repaid, then the law has been changed to make it so.