Trusts and Estates 2006/07Matthew Hutton MA (Oxon), Ed.

Abstract

Matthew Hutton's fifth edition on the taxation of trusts and estates, one of Tottel's core tax annuals presents the law as it was in August 2006 and therefore, takes into account the Finance Act of that year. This book, almost a companion work to the Practitioners Guide to Trusts is also intended as a quick reference guide for trustees, personal representatives and their professional advisers. The book is entirely concerned with UK taxation and the arrangement of the book is, as one might expect, dealing with the background and starting up trusts before dealing separately with income tax, capital gains tax, stamp duties and inheritance tax. There is also attention given to charitable trusts and the tax position on ending a trust and on deceased's estates and inheritance tax compliance. Each chapter deals with the law, its recent changes and, sometimes, some tax planning arrangements which are no longer valid, which probably will be referred to by clients, are examined. This will be valuable to clients whose knowledge is a little out of date and perhaps too optimistic.