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mortgage refused....help please :(
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welshsheep wrote: »Well considering that this was done at the start of 2010 when they were legal I dont think I have an issue....the only issue is that the stupid finanicial compnaies have never heard of it....thickos!!!!!:mad:
Various governments have been chasing the tax avoidance parts of EBTs since 2002.
An EBT is NOT a form of income... it's technically a LOAN, which is why you've avoided paying tax. Perhaps these stupid financial companies understand perfectly well what an EBT is?0 -
kingstreet wrote: »Ah. If only there was a mortgage product where you tell your lender one income and the Revenue another...

Wasn't that self-certification?
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