TSEMUPDATE100729 - Trusts, Settlements & Estates Manual: recent changes

Below are details of the amendments that were published on 29 July 2010 (see the update index for all updates)

Section	Details of update
TSEM3010	Trust income and gains: the charge on trustees - table of contents - amended
TSEM3016a	Trust income and gains: standard rate band - income to which the band applies - amended
TSEM3019	Trust income and gains: standard rate band - deemed income - amended
TSEM3021	Trust income and gains: the charge on trustees - the tax pool - general - amended
TSEM3022	Trust income and gains: the charge on trustees - the tax pool - amounts entering - amended
TSEM3023	Trust income and gains: the charge on trustees - the tax pool - credit to beneficiaries - new section
TSEM3024a	Trust income and gains: the charge on trustees - the tax pool - trustees pay excess tax - new section
TSEM3024b	Trust income and gains: the charge on trustees - the tax pool - trustees calculate maximum discretionary payment - new section
TSEM3045	Trust income and gains: the charge on trustees – tax rates for trusts 2000-01 to 2003-04 – amended
TSEM3046	Trust income and gains: the charge on trustees – tax rates for trusts 2004-05 to 2006-07 – amended
TSEM3047	Trust income and gains: the charge on trustees – tax rates for trusts 2007-08 - amended
TSEM3048	Trust income and gains: the charge on trustees - tax rates for trusts 2008-09 to 2009-10 - amended
TSEM3049	Trust income and gains: the charge on trustees - tax rates for trusts 2010-11 - new section
TSEM3461	Trust income and gains: vulnerable beneficiaries: claims to special tax treatment - when treatment does not apply - amended
TSEM3472	Trust income and gains: vulnerable beneficiaries: claims to special tax treatment - computing the amount of relief - income tax - TLV2 and TLV1 - amended
	Trust income and gains: Sub fund elections - overview
TSEM3510	Trust income and gains: Sub fund elections - conditions for making an election - amended
TSEM3520	Trust income and gains: Sub fund elections - the election form SFE1 - amended
TSEM3761	Trust income and gains: beneficiary entitled to trust income - overview - amended
TSEM3762	Trust income and gains: beneficiary entitled to trust income - mandated income - amended
TSEM3764	Trust income and gains: beneficiary entitled to trust income - credit for trustees’ tax - amended
TSEM3765	Trust income and gains; beneficiary entitled to trust income - grossing up and credit for trustees’ tax example - amended
TSEM3766	Trust income and gains: beneficiary entitled to trust income - form R185 (Trust Income) - amended
TSEM4000	Settlements Legislation: table of contents - amended
TSEM4105	Settlements Legislation: interpretation of statutory definition of settlement - amended
TSEM4110	Settlements legislation: restrictions to the definition of settlement - amended
TSEM4205	Settlements legislation: exceptions to the statutory definition of settlement - amended
TSEM4300	Settlements legislation: settlement for minor child who is neither married nor in a civil partnership - amended
TSEM4305	Settlement for minor child who is not married or in a civil partnership – Settlements made before 9 March 1999 - amended
TSEM4512	Tax paid by trustees where income is treated as that of the settlor - amended
TSEM4560	Settlements legislation: beneficiary is not entitled to repayment - deleted
TSEM4570	Settlements legislation: treatment of income in hands of beneficiary - amended
TSEM5930	Trusts for particular purposes: Trusts administered by the Official Solicitor/Public Trustee - Criminal Injuries Compensation Authority trusts - amended
TSEM6261	Legal background to trusts and estates: constructive trust - amended
TSEM7376	Deceased persons: responsibilities of HMRC Trusts Edinburgh - complex cases - amended