Back to Basics Trusts - IHT

To familiarise participants with the principles of trusts and IHT focusing on the fundamental computational aspects necessary for trust tax compliance.

Some basic planning points will be covered but the course is primarily aimed at ensuring the fundamental framework is understood.

The course will include:

• Types of trust for IHT
• Occasions of charge for IHT
• Principal and exit charge computations
• Special trusts
• Administration to include forms, reporting and payments

Participants should have a calculator available as practical exercises are an integral feature of the course.

The above content relates to 2023 only.