CCH Taxation of Trusts and Estates 2014-15

Finance Acts of the last few years have introduced a number of far-reaching changes, including complex anti-avoidance legislation, new residence tests and changes to the rules for trusts with vulnerable beneficiaries.

CCH Taxation of Trusts & Estates, offers a comprehensive, single-volume guide to this specialist area, helping you to recommend the most tax-efficient strategies to your clients.

Special features of the title:

• Provides an in-depth commentary on this complex topic, covering all relevant aspects of tax
• Puts tax into the context of the general law relating to trusts, wills, executors and administrators, especially for non-lawyers
• Cost effective, even for smaller, specialised practices
• Clear, easy-to-follow guidance, backed up by numerous worked examples
• Includes extensive pro forma documentation to save you time
• Appendices containing case summaries, HMRC guidance and other useful material
• Fully up to date, including the latest Finance Act 2014 changes

New for 2014:

• Expanded commentary on income tax, including new examples and a new section on the charges for pre-owned assets in relation to trusts
• Case law and new HMRC material since the last edition
• Commentary on IHT changes including:
  • New statutory treatment of accumulations
  • New return and payment dates for IHT charges on trusts
• The CGT and IHT treatment of new employee ownership trusts
• Extension of the CGT tax-free uplift to certain disabled trusts
• Commentary on the Inheritance and Trustees' Powers Act 2014