Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Capital Gains Manual

From
HM Revenue & Customs
Updated
, see all updates

Settlor trusts: computations: multiple settlors

References to derived property arising under a settlement in relation to any property are references only to

  • income from property originating from that property,
  • any other property directly or indirectly representing

    • proceeds of that property or income from it or
    • income from such proceeds.

On ‘derived property’ see CG34750.