Capital items that are income for tax purposes: Trustees: Capital Gains Tax
Trustees are liable to capital gains tax. There are specific rules governing their capital gains tax liability. Full instructions are in the Capital Gains Manual. Help Sheet HS294 contains an introductory guide to the way in which UK resident trustees are dealt with for capital gains tax purposes. External customers can find this guidance at www.hmrc.gov.uk/manuals/cgmanual/CG33070.htm
Guidance about trustees
Submissions about CGT
Send CGT submissions to Capital Gains Technical Group unless the instructions indicate otherwise.