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.
Replies (3)
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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.