Changes to the Trustee tax rate are coming on 1 April 2024
The rules around taxing Trusts are changing on 1 April 2024, with the Government proposing to change the trustee income tax rate from 33% to 39%. The Government’s intention behind…
Trusts Act Update – core documents
The Trusts Act that came into effect in January 2021 is the first major reform since 1956. New legislation has impacted trustees, beneficiaries, and legal practitioners, mainly for the better. The…