23h 57min, nov 11, 2003 y - In an internal email (to the Group’s Human Resource manager) dated 12 November 2003, McMillan says "No payment which is due under a contract of employment should be made through the Trust as the Revenue can attack any such arrangement as simply replacing an existing contractual right and tax it as if it had never happened, so no savings would occur. Only discretionary bonuses should be subject to the Trust arrangements.’
Description:
This is not how the scheme would ultimately be usedAdded to timeline:
Date:
23h 57min, nov 11, 2003 y
Now
~ 21 years ago