SolvedTSEM7065 | Tax Cases: Tollemache (Lord) v CIR 11 TC 277
From HM Revenue & Customs · Trusts, Settlements and Estates Manual
Summary
Trustees held a mansion in trust. They allowed a beneficiary to live there rent-free. They used trust funds to pay Schedule A, rates and surtax for the beneficiary.
Decision
The payments were the beneficiary’s income for surtax purposes.