Taxation of Trusts - Beyond the Basics

Taxation of Trusts - Beyond the Basics
11 Jun 2024 - London


11 Jun 2024

9:30 AM ‐ 5:15 PM

With a SmartPlan £486

With a Season Ticket £540

Standard price £720

All prices exclude VAT
Advanced: Requires substantial subject knowledge
6 hours
Can't make the date?
Group bookings
email us to discuss discounts for 5+ delegates


The ageing population has a heightened interest in trusts - not only in relation to IHT planning but to mitigate care home fees and divorce settlements.

Without having an accurate grasp of trust tax law it is not possible to advise on this lucrative fee generating area of private client.

This new in-person full day course will use case studies to cover the more complex issues in relation to the taxation of trusts, and is suitable for private client practitioners who want to build on the basics.

What You Will Learn

This course will cover the following:

  • Income Tax Charges on Trustees and Beneficiaries
    • The different rules and tax rates for bare, IIP and discretionary trusts
    • Tax treatment of settlor interested trusts
    • Importance of the R185 form
    • Availability of personal savings allowance, etc.
    • ‘Tax pool’ issues for discretionary trustees
  • CGT
    • Tax charges on creation
    • Disposals by trustees to beneficiaries or third parties
    • Importance of holdover relief and the timing of disposals
    • Part disposal of assets
    • Using CG34
    • The rule in Crowe v Appleby
    • PPR and trusts
  • Inheritance Tax
    • IHT on creation
    • Exit charges and 10-year charges
    • IHT-efficient trusts for children and disabled persons trusts
    • The 14 year rule