Trust income and gains: beneficiaries: beneficiary entitled to trust income - form R185 (Trust Income)
In the example in TSEM3766 the entries on the form R185 (Trust Income) given by the trustees to the beneficiary would be:
|net amount||tax paid|
|Box 3 non-savings income||£1600.00||£400.00|
|Box 4 savings income||£800.00||£200.00|
The beneficiary uses the information on form R185 (Trust Income) to make his or her tax return or to claim repayment.