Trust tax return

Trust tax return

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Hi
Trust tax return - new one for me...
One has been issued for client for 2013 but I don't think anything to put on?
Father died , brother and sister named as joint trustees. Around 70k deposited into building society account after April 2013. No transactions in 2013.

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By MBK
28th Jan 2014 12:43

I expect the return will be for....

... the admin period starting with the date of death through to 5th April 2013. So the executors do need to complete it.

The question is whether there was any income actually arising in the period above. If nothing, then you still need to submit a blank return with a white space note stating that there was noi income to be returned.

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By cathhammond
28th Jan 2014 20:47

Thank you

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By cathhammond
28th Jan 2014 22:11

Hi again ,
For future reference ie 2014 return.....interest to go on return I can sort but Payments made to beneficiary....????(ranging from £100 on carpets to £6000 transfer)

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