Tax Advisers' Guide to Trusts

Nigel Eastaway is a Tax Partner at MacIntyre Hudson. He is an expert on share valuations, forensic matters and the taxation of intellectual property and has acted as an expert witness on a number of well-known cases. Jacquelyn Kimber is a Tax Partner at Newby Castleman in Leicester. Her areas of expertise include business restructuring, for example through demergers, succession planning and the tax efficient extraction of profits. Ian Richards is a barrister at Pump Court Tax Chambers. He advises in all areas of tax, especially in respect of offshore trusts and non-domiciled UK residents, personal tax planning for high net worth individuals (including many household names in the entertainment sector and other industries) and providing tax strategies for sheltering future profits and gains.

Chapter 1: A Useful Relationship
Chapter 2: Main Trust Legislation
Chapter 3: Trust Formalities
Chapter 4: Powers and Duties of Trustees
Chapter 5: Residence and Domicile
Chapter 6: Main Taxation Rules Applicable to Trusts
Chapter 7: Relevant Property Trusts
Chapter 8: Bare Trusts and Interest in Possession Trusts
Chapter 9: Trusts for Children and Young Adults
Chapter 10: Foreign Trusts
Chapter 11: Charitable Trusts
Chapter 12: Purpose and Heritage Trusts and Foundations
Chapter 13: Protective and Vulnerable Person Trusts
Chapter 14: Asset Protection Trusts
Chapter 15: Wills, Trusts and Statutory Trusts
Chapter 16: Employee Trusts
Chapter 17: Trusts of Land
Chapter 18: Pension Funds
Chapter 19: Trust Tax Returns
Appendix 1: Legislation
Appendix 2: Draft Legislation
Appendix 3: Capital Gains Tax — Indexation Allowance for Individuals and Trusts
Appendix 4: Inheritance Tax Bands
Appendix 5: Period Expectation of Life (simplified)
Appendix 6: Income Tax and Capital Gains Tax for Non-resident Trusts
Appendix 7: Standard Provisions of the Society of Trust and Estate Practitioners: 1st Edition and 2nd Edition
Appendix 8: HMRC Trusts and Estates Toolkit
Appendix 9: Convention on the Law Applicable to Trusts and on Their Recognition