TSEM3315 | Trust income and gains: Accrued Income Scheme - trusts outside the provisions - disabled beneficiary

ITA/S641

Trustees are not chargeable under the Accrued Income Scheme or entitled to relief under its provisions if:

• the trust is for an individual who is

• mentally disabled or

• receives an attendance allowance by virtue of being entitled to the care component at the highest or middle rate and

• the value of all accrued income securities in the trust for that year and the previous year does not exceed £5,000.