Trusts - Key Tax Considerations and Planning

Course outline:

Objectives

This course is both a refresher and update of recent developments affecting the taxation of trusts. It will include key considerations when using trusts in tax planning. The main emphasis will concern the capital taxes aspects of trusts, but some income tax matters are included. When considering the use of trusts in tax planning both lifetime and will/death planning scenarios are covered.

Content

• Why use a trust?
• Trust types, tax characteristics and use
• CGT and trusts
• BPR and APR changes:  the impact on existing and new trusts
• Trusts in IHT planning
• Trusts and residential property
• Special trusts
• Compliance matters
• Trust Registration Service-reminders and update
• IHT charges in trusts

For our 2025 course go to Trust Planning

CPD Hours: 3