TSEM10205 - Non-resident trusts: trustees’ chargeability: introduction

The basic position is that:

• Non-resident trustees are taxable on United Kingdom source income only
• Non-resident trustees are potentially not taxable on capital gains for a year the whole of which the trust is a non-resident trust.

TSEM10210 - TSEM10260 deals with Income Tax

TSEM10265 - TSEM10275 deals with Capital Gains Tax