HMRC has extended until 28 February the consultation deadline for its review of the government’s principles for taxing trusts.
HMRC has extended until 28 February the consultation deadline for its review of the government’s principles for taxing trusts.
The consultation document, published on 7 November, does not contain specific proposals for reform, but invites views on nine broad questions, framed around the principles of transparency, fairness and simplicity.
The questions include whether further measures are required to tackle avoidance and evasion, and look at ways to simplify vulnerable beneficiary trusts, including their interaction with ‘18 to 25’ trusts.
HMRC has extended until 28 February the consultation deadline for its review of the government’s principles for taxing trusts.
HMRC has extended until 28 February the consultation deadline for its review of the government’s principles for taxing trusts.
The consultation document, published on 7 November, does not contain specific proposals for reform, but invites views on nine broad questions, framed around the principles of transparency, fairness and simplicity.
The questions include whether further measures are required to tackle avoidance and evasion, and look at ways to simplify vulnerable beneficiary trusts, including their interaction with ‘18 to 25’ trusts.
