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Contents

Official guidance
Trusts, Settlements and Estates Manual

TSEM3150 · Trust income

  • TSEM3160 · Resident trustees with trust income from abroad: beneficiary is not resident
  • TSEM3165 · Resident trustees with trust income from abroad: beneficiary is resident but not domiciled
  • TSEM3170 · Resident trustees with trust income from abroad - beneficiary is resident but not ordinarily resident
  • TSEM3175 · Trustees are not resident in the UK
  • TSEM3185 · FOTRA securities - resident trustees
  • TSEM3190 · Items that are not trust income for tax purposes
  • TSEM3195 · Business profits
  • TSEM3196 · Trustees receive mineral royalties
  • TSEM3197 · Trustees receive income from an estate
  • TSEM3198 · Bank or building society interest
  • TSEM3199 · Woodlands receipts
  1. Trust income: contents
  2. Trust income: woodlands receipts

TSEM3199 | Trust income: woodlands receipts

From HM Revenue & Customs · Trusts, Settlements and Estates Manual

Any profits or gains arising from the occupation of commercial woodlands are wholly outside the scope of Income or Corporation Tax. For general tax purposes, the receipts are not taxable.

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