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Trust taxation | Trustee Support Services

Trust taxation

taxation of trusts in 2025-26

The taxation of trusts from 6 April 2025

Following the Budget on 30 October 2024, we can now detail the taxation of trusts in the 2025-26 tax year. Taxation of capital gains from 6 April 2025 The capital gains tax (CGT) annual exempt amount available to trustees remains £1,500 from 6 April 2025. The annual exempt amount (AEA) Read more…

6 April 2024

The taxation of trusts from 6 April 2024

The taxation of trusts continues to evolve. This blog sets out the situation that applies from 6 April 2024. Capital gains tax from 6 April 2024 The capital gains tax (CGT) annual exempt amount available to trustees is reduced to £1,500 from 6 April 2024. The annual exempt amount (AEA) Read more…