Policy paper

Income Tax: unauthorised unit trusts

This Tax Information and Impact Note is about amendments to The Unauthorised Unit Trusts (Tax) Regulations 2013.



The Unauthorised Unit Trusts (Tax) (Amendment) Regulations 2015 order has now been made, coming into force on 6 April 2015.

The measure ensures that income arising to an exempt unauthorised unit trust is only chargeable to Income Tax in one year.

Published 25 March 2015