Skip to main content

This is a new service – your feedback will help us to improve it.

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
Hi
Please see guidance on the taxation of Trusts :
Trusts and taxes
Thankyou.
Regards.

You must be signed in to post in this forum.