Back to Basics Trusts - IT, CGT

To familiarise participants with the principles of trusts focussing on the fundamental computational aspects necessary for annual trust tax return compliance.

Some basic planning points will be covered but the course is primarily aimed at ensuring the fundamental framework is understood.

Practical exercises are an integral part of this course whether the delivery is face to face or through Mercia Live.

The course will include:

• Types of trusts and their uses
• How income tax works for different types of trust
• Forms, tools and procedures
• Capital Gains Tax identification of occasions of charge
• CGT reliefs and trusts
• Trust Registration Service requirements and developments

Participants should have a calculator available as practical exercises are an integral feature of the course.