Taxation of UK trusts: an overview

Our trust taxation summary for details on how inheritance tax, capital gains tax and income tax apply to trusts.

April 2020

Barry Foster

Vice President, Strategic & Technical Sales

LEARN MORE ABOUT THE AUTHOR

20 MINS UNSTRUCTURED CPD

Subscribe to our Insights

Risk Disclaimer

This content is based on our understanding of legal and tax regulations and practice at the time of writing (October 2019). It has been produced for information only. We do not provide tax, accounting, regulatory or legal advice. No action must be taken or refrained from being taken based on this content alone. Case studies are for illustrative purposes only.

Key takeaways:

  • Understanding the fundamentals of trust taxation
  • How each type of trust is taxed differently
  • How inheritance tax, capital gains tax and income tax apply to trusts

In this summary, we answer some common questions and outline how inheritance tax, capital gains tax and income tax apply to trusts.

Download our trust taxation summary for details on how inheritance tax, capital gains tax and income tax apply to trusts.

Risk Disclaimer

This content is based on our understanding of legal and tax regulations and practice at the time of writing (April 2020). It has been produced for information only. We do not provide tax, accounting, regulatory or legal advice. No action must be taken or refrained from being taken based on this content alone. Case studies are for illustrative purposes only.