Released 20 May 2021
HMRC have published the May 2021 edition of their Trusts and Estates newsletter containing updates and guidance on inheritance tax and trusts.
The May 2021 newsletter contains:
•Response to the first Office of Tax Simplification’s review of Inheritance Tax;
•Summary of responses to The Taxation of Trusts: A review;
•Trust Registration Service update; and
•Trusts and Estates with small amounts of savings income.
View the newsletter at HMRC Trusts and Estates Newsletter: May 2021.