Tax - shares in Trust or personal, page-2

  1. 17,715 Posts.
    lightbulb Created with Sketch. 440
    CG tax applies to trust as per an individual- you will get a 50% discount on shares held more than 12 months
    Each year profits have to be distributed to beneficiaries
    They will then have to pay tax on their marginal rate
    No " corporate?? " tax is 20 %
    The best you can get is 30 % if one of the beneficiaries is a company

    No advice given here just what I think
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.