Trusts and Capital Gains Tax: General introduction: Administration:Trusts: trustees' liabilities: administration
The taxation of trusts of UK and Non UK resident trustees is dealt with in HMRC Trusts Nottingham.
Any question concerning the trustees’ tax liabilities should be referred to the trust office.
The trust office does not normally deal with:
- Bare trusts, see CG33040.
- Any case in which a beneficiary is liable on the disposal of an interest in a trust. For example, an interest acquired for consideration, see CG38012. HMRC Capital Gains Tax Technical will give advice on the disposal of an interest in a non-resident trust. See CG38060.
- The disposal by the settlor when they settle the trust. See CG35700.