Hi
A settled trust is about to sell a property asset and therefore the trust will be liable to pay CGT.
trust
Upon exchange of contracts on a residential property, is it possible to immediately put that property into a trust with a small deposit (normally very small %), pay the balance to the Vendor from t
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There is a common misconception that accountants sell their time and that this is what clients are buying from them.
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Client has set up discretionary trust for education of grandchildren. Source of funds was money left to client but was diverted to this trust by deed of variation.
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It was a privilege to attend a half day presentation recently on ‘The Speed Of Trust’ by Stephen M R Covey – the son of the 7 habits Stephen Covey.
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We have an opportunity to prepare trust returns for a client specialising in writing wills, trusts etc.
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An individual has loaned money to a company and has decided to waive rights to interest annually. There is an agreement for x% over base. Previously the loan has been paid.
A family friend is the sole beneficiary of a life interest trust. The trust owns a property that is rented out and the rental proceeds are paid directly to the beneficiary.
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Having already submitted a return using the free HMRC software I discover that some of the money I received from a trust was income not capital.
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