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HMRC internal manual

International Manual

HM Revenue & Customs
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UK residents with foreign income or gains: trusts: Overview

The guidance at TSEM3650 onwards should be observed in computing tax credit relief (whether unilateral or under an agreement) in respect of income which is the subject of a United Kingdom trust. Where the trust is a discretionary or accumulation trust, the guidance in TSEM3670 onwards should be followed.