Each year the trustees will receive a Trust and Estate Tax Return (form SA900) which they have to complete under the self-assessment tax system (see 38.1 above) and pay the appropriate amount of additional tax. The trustee tax return must be completed and submitted either:

electronically by 31 January following the end of the tax year; or

in a paper return which much be filed by 31 October after the end of the tax year.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.