In Finance Act 2021, the then Chancellor of the Exchequer (the UK’s Finance Minister), Rishi Sunak, announced the introduction of the super-deduction as a fiscal incentive to...
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What are Discretionary Trusts and what taxes are associated with them?
19 January 2023
A discretionary trust is a type of trust in which the trustee has the discretion to decide how to distribute the trust assets among the beneficiaries. The trustee is not obligated...