Guidance

Trusts and settlements - income treated as the settlor's (Self Assessment helpsheet HS270)

Find out whether income from a trust or settlement arising or paid to someone else is treated as the settlor’s income.

Documents

HS270 Working Sheet

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Details

This guide will help you decide whether you’re a settlor who is chargeable on the income arising or paid to another person. It includes:

  • discretionary trusts
  • interest in possession trusts
  • shares with restricted rights
  • dividend waivers
Published 4 July 2014
Last updated 6 April 2022 + show all updates
  1. The helpsheet for tax year 2021 to 2022 has been added, and the versions for tax years 2016 to 2017 and 2017 to 2018 have been removed.

  2. HS270 Trusts and settlements - income treated as the settlor's (2021) added.

  3. A new version of the helpsheet has been added for the tax year 2019 to 2020.

  4. The 2018 to 2019 helpsheet has been added.

  5. The 2017 to 2018 helpsheet has been added.

  6. The helpsheet has been added for the tax year 2016 to 2017.

  7. Rates, allowances and duties have been updated for the tax year 2016 to 2017.

  8. Rates, allowances and duties have been updated for the tax year 2015 to 2016.

  9. First published.