Tax Advisers' Guide to Trusts

ISBN-13: 9781845923457 / Angielski / Miękka / 2010 / 1160 str.

Nigel Eastaway;Ian Richards;Jacquelyn Kimber

Opis

Tailor-made for tax practitioners, Tax Advisers' Guide to Trusts demystifies the complex subject of trusts in the UK and explains the tax rules and the way in which trusts can be used in practice as a flexible and effective means of wealth accumulation and protection in an uncertain world. Examples and case studies are used throughout to supplement and illustrate the text. This fourth edition has been updated to take account of the modernization of UK trusts legislation contained in the latest Finance Act, the UK's HM Revenue & Customs (HMRC), recent guidance on trust management expenses, developments on the settlement provisions arising from the Arctic Systems case, and other key case law.

Spis treści

1 A Useful Relationship 2 Main Trust Legislation 3 Trust Formalities 4 Powers and Duties of Trustees 5 Residence and Domicile 6 Main Taxation Rules Applicable to Trusts 7 Relevant Property Trusts 8 Bare Trusts and Interest in Possession Trusts 9 Trusts fro Children and Young Adults 10 Foreign Trusts 11 Charitable Trusts 12 Purpose and Heritage Trusts and Foundations 13 Protective and Vulnerable Person Trusts 14 Asset Protection Trusts 15 Wills, Trusts and Statutory Trusts 16 Employee Trusts 17 Trusts of Land 18 Pension Funds 19 Trust Tax Returns