HMRC has added a new chapter on non-resident trusts to its Trusts, Settlements and Estates Manual (TSEM) (see TSEM10000: Non-resident trusts: contents). This is more detailed than the previous guidance on trusts with a foreign connection in the chapter on new trusts, to which there are consequential changes (see TSEM1400: Introduction to trusts: new trusts: contents). For the guidance now deleted, see National Archives: TSEM1400 - Introduction to trusts: new trusts: contents (6 October 2014).

Practitioners may want to check any paragraphs they are currently relying on and print copies for the file.

Source: HMRC: Recent updates to the Trusts, Settlements and Estates Manual (15 January 2015).