Taxation of UK trusts: overview | Practical Law

Taxation of UK trusts: overview | Practical Law

An overview of the taxation of UK resident trusts set up by UK individuals. The note outlines how inheritance tax, capital gains tax and income tax apply to trusts, including special rules for trusts from which the settlor may benefit and trusts for vulnerable beneficiaries. It deals briefly with stamp taxes. There are links to more detailed information, including information about specific taxes.

Taxation of UK trusts: overview

Practical Law UK Practice Note Overview 0-383-6634 (Approx. 42 pages)

Taxation of UK trusts: overview

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An overview of the taxation of UK resident trusts set up by UK individuals. The note outlines how inheritance tax, capital gains tax and income tax apply to trusts, including special rules for trusts from which the settlor may benefit and trusts for vulnerable beneficiaries. It deals briefly with stamp taxes. There are links to more detailed information, including information about specific taxes.