Employee Benefit Solutions
Employee Benefit Trusts
An Employee Benefit Trust (EBT) is a discretionary trust set up for the benefit of the employees of a company. They are primarily a way of motivating and rewarding employees by making periodic bonuses for their service to the company. An EBT will be established under a discretionary trust and the assets of the Trust will be held and administered by the trustees. Contributions will be made into the Plan by the company on an adhoc basis and may be distributed to the employees once their service has been recognised.