Tolley's UK Taxation of Trusts 20th edition
- Availability:
- Discontinued
- Product Id:
- ukprod9780754539193UKT16
- Product Code:
- UKT16
- ISBN/ISSN:
- 9780754539193
- Publication Date:
- 30/09/2010
- Format:
- Price:
- £112.00
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,
UK Taxation of Trusts 20th edition provides:
- Coverage on new areas, such as the use of trusts in IHT mititgation insurance products
- UK Taxation of Trusts includes new chapters giving guidance on tax planning with: Starting a Trust, Running a Trust and Ending a Trust
- Worked examples and illustrations
- UK Taxation of Trusts 20th edition contains UK and offshore resident trusts
- Contains all the information you need in one concise guide
- References to the Revenue Trust Manual is included is this version of UK Taxation of Trusts
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
THE TAXATION OF ONSHORE AND OFFSHORE TRUSTS: ALL IN ONE DEFINITIVE AND ACCESSIBLE GUIDE
An Appreciation by Phillip Taylor MBE and Elizabeth Taylor of Richmond Green Chambers
This is often a complicated and bewildering subject! The taxation of trusts, whether they are income, capital gains, or corporation taxes is clearly explained in 'Tolley's Taxation of Trusts' and to great effect. If you need to keep abreast of the latest developments in this area, you'll need this latest edition from Tolley.
The bulk of the book's ammunition is delivered in part I - the first 20 chapters - on UK Resident Trusts, which covers the subject in detail, from types of trust, beneficiaries and trustees to starting a trust, running it and ending it. The detailed ramifications of Inheritance Tax are logically explored and there is a chapter each for Charitable Trusts and Stamp Taxes.
There are 3 chapters devoted to the subject of compliance - specifically on income tax, capital gains tax and inheritance tax, with Chapters 18 - 20 dealing, respectively, with the interest and penalty regimes.
Part II - the last 5 chapters - focuses on non-UK Resident Trusts and should ideally be required reading for all those advising UK families or individuals who either have such trusts or have some connection with them as beneficiaries. Hutton refers readers who focus on this area to the specialist texts available on the subject.
The book contains much new material, the main point of interest being, as the author points out, the election of a Conservative and Liberal Democrat Coalition Government. This has led, among other things, to two Finance Acts in 2010. A major new development here, just to cite one example, is the return (from June 2010) to variable rates of capital gains tax. There?s no change, however, in inheritance tax for 2010-2011.
These, and all other recent developments, are included in this new edition, from updates of 'Compliance' and 'Self Assessment' to the impact of cases such as Brander on business property relief cases.
In addition to all this, the book is a mine of fiscal resources to aid further research, with tables of statutes, cases and statutory instruments, plus 6 appendices and an excellent index. For specialist practitioners whose clients demand and deserve best advice in this complex field, this latest edition from Tolley is indispensible.
Changes in the law have been taken into account up to the end of July 2010 and provide the most definitive and accessible statement of the taxation of trusts to date.
Whillans's Tax Tables 2011-12 (Finance Act edition)
Butterworths Company Law Handbook 25th edition
Halsbury's Statutes Destination Tables 2010
Tolley's Orange Tax Handbook 2011-12
Tolley's Yellow Tax Handbook 2011-12
