The recent focus by the Government concerning the taxation of trusts has created a level of uncertainty as to the future of trusts in general. However, recent announcements from Government and the Board of Taxation suggest they will remain an attractive and favoured vehicle for carrying on business and investment activities.
The taxation of trusts is complex and requires a sound understanding of a number of specific income tax provisions and trust law concepts. This intensive was designed to guide the practitioner through the maze of confusion sounding trusts and deal with the practical aspects confronting you, the trusted practitioner.