HMRC have updated their Capital Gains Manual in relation to Trusts: outline of CGT for trusts.
The amended guidance is arranged under the following headings:
- Introduction
- The settlement
- Transfers in
- Events during life of a settlement
- Transfers out
- Rates of tax
- Annual exempt amount
- Interests of beneficiaries
https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg33100
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