Trust Taxation
Post Author:
Angie Harvey
Date Posted:
August 2, 2018
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We are still awaiting the promised consultation on the taxation of trusts announced in the Autumn 2017 Budget. However, in the meantime HMRC have updated their guidance on how different types of trust income are taxed, what management expenses and reliefs can be deducted, and understanding the tax pool.
Please contact us if you are considering setting up a trust or wish to discuss estate planning more generally.
Photo by Lars Plougmann under the licencing of Creative Commons Licence
