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HMRC internal manual

Trusts, Settlements and Estates Manual

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HM Revenue & Customs
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Trust income and gains: vulnerable beneficiaries: vulnerable person election - receipt of form VPE1

The election should be dealt with by the Trusts & Estates office that deals with the trust in question - see TSEM1415

Process map D1 on the Trusts intranet site gives details of the steps to be taken when an election is received. Elections that do not contain all the relevant information, statements and declarations (see TSEM3455) will not be valid. You should return any such election and identify the items which have been omitted. This will not constitute an enquiry into the election. Acknowledge elections containing all the necessary details. In most cases nothing further will be needed.