The taxation of trusts from 6 April 2025
Following the Budget on 30 October 2024, we can now detail the taxation of trusts in the 2025-26 tax year. Taxation of capital gains from 6 April 2025 The capital gains tax (CGT) annual exempt amount available to trustees remains £1,500 from 6 April 2025. The annual exempt amount (AEA) is the amount of capital gains that trustees can realise during a tax year that is exempt from capital gains tax. Trustees also need to Read more…