Demystifying the Tax Pool in Discretionary Trusts - The Current Position

Introduction

This short webinar will delve into the intricacies of the tax pool essential for maintaining discretionary trusts.

Exploring its composition, rationale, and operational mechanisms, the webinar offers a comprehensive understanding of the tax pool dynamics.

If you seek clarity on the who, how and what of managing tax pools, this webinar is tailored for you.

What You Will Learn

The webinar will cover the following:

• The operation of the trust-to-beneficiary system
• The concept of the tax pool and its significance
• The necessity of maintaining the tax pool
• Identifying the responsible party for managing the tax pool
• Whether tax on trust management expenses contributes to the tax pool
• Whether the tax pool charge is incorporated into payments on account
• Illustrative examples incorporating updated tax rates for 2026

This pre-recorded webinar will be available to view from Tuesday 12th May 2026

Alternatively, you can gain access to this webinar and 1,900+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.