This table presents an analysis of the assets held in taxpaying discretionary trusts.
This table presents an analysis of the assets held in taxpaying discretionary trusts. Trusts of this type are assessed for inheritance tax every 10 years after their creation. The 10 years of data given in the table therefore approximates to the population of trusts paying inheritance tax, although some may subsequently have closed, and newly created trusts that have not yet reached their 10th anniversary will not be represented. The majority of trusts are non-taxpaying, and these are also excluded.