This work provides a detailed explanation of the impact of income tax, capital gains tax and inheritance tax on the various types of trusts, and includes chapters covering the UK taxation of offshore trusts. Worked examples and illustrations are given. Features new to this edition include: an additional chapter on self assessment; enhanced scrip dividends and foreign income dividends; transitional relief of indexation losses; Marshall v Kerr-House of Lords ruling; trusts and reinvestment relief; demerger commentary; a new ...
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This work provides a detailed explanation of the impact of income tax, capital gains tax and inheritance tax on the various types of trusts, and includes chapters covering the UK taxation of offshore trusts. Worked examples and illustrations are given. Features new to this edition include: an additional chapter on self assessment; enhanced scrip dividends and foreign income dividends; transitional relief of indexation losses; Marshall v Kerr-House of Lords ruling; trusts and reinvestment relief; demerger commentary; a new chapter on the use of non-discretionary settlements; statements of practice; Forms 31 and 32 (1994) with worked examples; and the security aspect of offshore tax planning.
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