UK Trusts - A Tax Planning Masterclass with Robert Jamieson

Introduction

This detailed full day in-person course examines a range of income tax, CGT and IHT planning opportunities for UK-based trusts, their settlors and their beneficiaries and includes several case studies.

Attention is focused on the post-FA 2006 regime and on the anti-avoidance legislation in F(No2)A 2015 which seeks - unsuccessfully - to stop the IHT advantages of multiple pilot trusts.

The tax treatment of dividends received by discretionary trusts following the changes brought in by FA 2016 is also considered.

The course is suitable for practitioners who advise UK-resident individuals and their trusts on personal tax matters.

What You Will Learn

This course will cover the following:

• Interest in possession trusts
• Mandated trust income
• IHT and FA 2006
• Settlor-interested trusts
• Accumulation and maintenance trusts
• Discretionary trusts
• CGT and IHT
• The end of the road for pilot trusts?
• Multiple trusts - some further thoughts
• Accumulations of income and FA 2014
• Matrimonial settlements - are they affected by FA 2006?
• Other tax planning ideas
• Exploiting the limits of S67 IHTA 1984
• Case studies