Submitted by Sestini & Co
| on Tue, 07/01/2014 - 10:32 | In Uncategorized
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On 6 June 2014 HMRC issued its latest consultation paper on the taxation of relevant property trusts. This is likely to come into effect from 6 April 2015. All relevant settlements created, added to or restructured after 6 June 2014 will be affected.
Will this affect me? It might if:
You are the Settlor of property/assets into a trust (what is a Settlor?)
You are the beneficiary of property/assets already in trust (what is a beneficiary?)
What is [- -]