Settlements legislation: settlor's right of recovery of tax
Sometimes the settlor can recover the additional tax that has been suffered under ITTOIA/S624 and 629. The settlor claims this from
- any trustees, or
- any other person to whom the income is payable.
The settlor may require a certificate from HMRC to support the claim. There are details at TSEM4505 onwards.
There is no right of recovery of tax under the provisions of ITTOIA/S633 and 641.