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Posted Fri, 17 Jan 2025 18:19:55 GMT by Len Ferguson
Hello, when my mum passed away she set out a trust in her will. With the funds from the trust a property has been bought and rented out. What is the process for declaring the income and paying tax? The trust has been registered with the property included, there are two trustees and one of the trustees is also a benefactor but takes no money from the income.
Posted Thu, 06 Feb 2025 12:58:54 GMT by HMRC Admin 32 Response
Hi,
Please refer to guidance at:
Trusts and taxes
Thank you.

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