Procedure – non-UK trusts

July/August 2022 | Wills, probate and administration
HMRC has added a new section (TRSM25030) on non-UK trusts and CGT liability on UK property to the Trust Registration Service (TRS) manual following the recent rule changes. It clarifies which types of trust need to be registered depending on whether tax is liable in relation to UK assets or UK-sourced tax income. The new …
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