Trust Taxation

Giving practical and detailed advice on sensible tax planning for trusts, and highlighting potential problem areas, Trust Taxation: Explains the new Capital Gains Tax regime from 6 April 2008 Puts into context the IHT changes since 2006, with detailed consideration of how the new regime works in practice Examines all the 2008 Capital Gains Tax changes, including changes to the remittance regime for foreign domiciliaries, offshore trusts entrepreneurs' relief and the abolition of taper relief Advises on how to review current trust arrangements and what action needs to be taken Looks at will drafting in the light of the new transferable nil rate band and considers how to deal with existing wills Considers administration issues for personal representatives Examines specific planning arrangements including the family home and considers the pros and cons Includes practical tools such as: tax calculations, many worked examples, and precedents