Taxation of Trusts

by Adam on February 18, 2014, no comments

One area I haven’t fully grasped yet as I prepare for R03 is the taxation of trusts. Below are some notes: Inheritance Tax may have to be paid on a person’s estate (their money and possessions) when they die. It’s only due if the estate is worth more than the threshold of £325,000. Inheritance Tax is […]