Q&As

I am preparing form R185 for income payments made from a discretionary trust. Some payments have been made for an adult child and some for a minor grandchild. How do you record the tax for the minor grandchild?

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Published by a LexisNexis Private Client expert
Published on: 01 April 2022
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We have assumed that:

  1. •

    the discretionary trust is resident in the UK for UK tax purposes

  2. •

    no vulnerable person election has been made in respect of the trust under section 37 of the Finance Act 2005

Provided that the minor grandchild is

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United Kingdom
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