Tolley's UK Taxation of Trusts

UK Taxation of Trusts is a concise yet comprehensive reference source for all who practise in this area. It is written by a specialist in the field to provide a detailed explanation of the impact of Income Tax, Capital Gains Tax and Inheritance Tax on the various types of trusts. Comprehensively revised, the book provides: * coverage on new areas, such as the use of trusts in IHT mititgation insurance products * new chapters giving guidance on tax planning with: Starting a Trust, Running a Trust and Ending a Trust * Worked examples and illustrations * All the information you need in one concise guide * Contains UK and offshore resident trusts * References to the Revenue Trust Manual. Table of Contents: I UK RESIDENT TRUSTS; 1. Setting the Scene; 2. Types of Trust; 3. The Rights of Beneficiaries; 4. Anti-Avoidance Rules Affecting the Settlor; 5. The Position of Trustees; 6. Income Tax; 7. Capital Gains Tax; 8. Inheritance Tax - Definitions; 9. Inheritance Tax - Relevant Property Settlements: The Ten-Year Charge; 10. Inheritance Tax - Relevant Property Settlements: The Exit Charge; 11. Inheritance Tax - Accumulation and Maintenance Settlements (Created Before 22 March 2006); 12. Inheritance Tax - Qualifying Interest in Possession Settlements; 13. Stamp Taxes; 14. Charitable Trusts; 15. Starting a Trust: Tax and Tax Planning; 16. Running a Trust: Tax Planning; 17. Ending a Trust: Tax and Tax Planning; 18. Compliance - Income Tax; 19. Compliance - Capital Gains Tax; 20. Compliance - Inheritance Tax; 21. Compliance - The Interest and Penalty Regimes; II NON-UK RESIDENT TRUSTS; 22. Residence, Ordinary Residence And Domicile; 23. Income Tax; 24. Capital Gains Tax; 25. Inheritance Tax; 26. Tax Planning Issues for Offshore Trusts