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Posted Thu, 26 May 2022 10:20:02 GMT by Trustee123
IIP Trust income is mandated to a bank account for distribution to beneficiaries, who are minors and non-taxpayers. Do I need to declare the income?
Posted Fri, 27 May 2022 11:03:28 GMT by HMRC Admin 10
Please see guidance on the taxation of Trusts :
Trusts and taxes

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