TSEM10445 | Non-resident trusts: beneficiary’s chargeability: trust income - Extra Statutory Concession B18 - conditions for relief

For relief to be given to the beneficiary, the trustees must:

• have made trust returns giving details of all sources of trust income and payments made to beneficiaries for each and every year for which they are required:

• have paid all tax due to HMRC from inception of the trust, and any interest, surcharges and penalties arising, and

• keep available for inspection any relevant tax certificates