– see also Absolute trusts

Accrued income

Commentary – Tax Reporter ¶334-250 ; Tax Reporter ¶334-350 ; Tax Reporter ¶353-450
HMRC Guidance – TSEM3320 ; TSEM3325 ; TSEM3335 ; TSEM3340

As investment vehicle

Commentary – 7.2.4

Avoiding probate

Commentary – 19.2.1

Beneficiaries

Minors and incapacitated persons

Commentary – Tax Reporter ¶354-350

Persons sui juris

Commentary – Tax Reporter ¶354-400
HMRC Guidance – SAM123030

Capital gains tax

Annual exemption

Commentary – Tax Reporter ¶535-150
HMRC Guidance – CG20500 ; CG34300

Charge to tax

Commentary – Tax Reporter ¶503-450

Generally

Commentary – Tax Reporter ¶351-375 ; Tax Reporter ¶357-075 ; 5.3.3

Infancy/legal disability

Commentary – Tax Reporter ¶357-100
Case Law – Tomlinson (H.M. Inspector of Taxes) v. Glyns Executor & Trustee Co. and Another

Capital value included in estate

Commentary – 26.4.5

Case study

Commentary – 8.3.3

Charging for advice

Commentary – 27.4

Designated accounts

Commentary – 3.1.1

Features of

Commentary – 3.1.18.3.1

Generally

Commentary – Stamp Taxes Reporter ¶120-005 ; Tax Reporter ¶350-575

Income tax

Commentary – Tax Reporter ¶351-350
Case Law – KELLY (H.M. INSPECTOR OF TAXES) v. ROGERS (AS WILLMER'S TRUSTEE)

Inflexibility of

Commentary – 3.1.1

Inheritance tax

Commentary – 5.2.35.510.4.1

Offshore income gain

Minor beneficiary

Commentary – Tax Reporter ¶784-665

Personal injury

Commentary – 22.4.1

Registration requirement (exemption)

Commentary – 26.1

Savings income allowance

Commentary – 6.2.1

Seed enterprise investment scheme

Commentary – Tax Reporter ¶319-550

Single premium bonds

Commentary – 6.2.1

Tax planning

Commentary – 6.2.18.3.2

Transfers to

Commentary – 5.2.3

Use for minor beneficiary

Commentary – 8.3