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

HMRC internal manual

Trusts, Settlements and Estates Manual

From
HM Revenue & Customs
Updated
, see all updates

Non-resident trusts: beneficiary’s chargeability: introduction

This section considers the United Kingdom tax liabilities arising to UK-resident beneficiaries of non-resident trusts. In particular it looks at:

  • Beneficiaries of bare trusts - see TSEM10410
  • Beneficiaries with an entitlement to trust income - interest in possession trusts (IIP) trusts - see TSEM10415 to IHTM10430
  • Beneficiaries who may receive trust income at the trustees’ discretion - discretionary trusts - see TSEM10435 to TSEM10455
  • Capital distributions made to beneficiaries - see TSEM10460