infosheet Self Assessment
Income from Trusts etc.		      Return to menu
     
   The Tax Return

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    Please provide details of the income you may have received during the tax year if you:
  • Were a beneficiary of a trust or settlement.


  • Were a settlor of a trust or settlement, whose income is deemed to be yours.


  • Received income from the estate of a deceased person.

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       Exceptions    If you are the beneficiary of a bare trust, do not include the income here. You need to include it under the other headings in the tax return to which it relates.

    For income from the estate of a deceased person, you do not need to disclose details in your tax return if:
  • the legacy consisted of a fixed sum of money or a specific asset.


  • Your legacy consisted of an income-bearing asset. In this case enter the interest income in the tax return under a heading matching the type of income concerened.

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