Trust taxation

The taxation of trusts continues to evolve. This blog sets out the situation that applies from 6 April 2024. Capital gains tax from 6 April 2024 The capital gains tax (CGT) annual exempt amount available to trustees is reduced to £1,500 from 6 April 2024. The annual exempt amount (AEA) Read more…

  There are some important changes to the taxation of trusts on the horizon. This blog summarises these changes and how they may affect trustees. Capital gains tax The capital gains tax (CGT) annual exempt amount available to trustees is reducing from 6 April 2023. The annual exempt amount (AEA) Read more…