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HMRC internal manual

Capital Gains Manual

Settlor trusts: computations: multiple settlors


If more than one settlor can be identified in connection with a particular settlement then, for the purposes of these provisions, a person is only a settlor in relation to that part of the trust property originating from that person. That is

  • property which the settlor has provided directly or indirectly for the purposes of the settlement, and
  • property representing that property (including accumulated income).