Disposals by trustees: general
Gains arising from the disposal of trust assets, whether of assets originally settled or acquired subsequently by the trustees, are chargeable on the trustees.
See CG35420 for provisions governing alternative collection from beneficiaries.
See CG37200+ for the circumstances in which losses incurred by trustees are transferred to the beneficiaries.
See CG34700+ and CG38430+ for circumstances where the settlor is to be assessed on the gains of the trustees.