Trusts - Tax and Tax Planning

This course provides an update on any recent developments affecting the taxation of trusts and 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 will include:

• Trust registration update
• Practical issues on using trusts
• Trust types, tax characteristics and use
• Compliance issues – IT and CGT
• CGT and trusts
• Trusts in lifetime planning
• Tax planning at death with trusts
• Trusts and residential property
• Managing the IHT charges in trusts
• Excluded property trust update