Trust/Settlement income
Enter the details relating to income you have received from the estate of a deceased person in the Estate Income tab.
Tax Rates and Income Types
The following table describes the tax rates and types of income that you can claim tax relief for.
|
Tax Rate |
Types of Income |
|
Rate applicable to trusts |
net amount of discretionary income from a UK resident trust. |
|
Settlor interested trust |
payments from a settlor interested trust. |
|
Non savings income |
This includes rental income |
|
Savings income |
This includes bank and building society interest |
|
Dividend income Additional tax paid on certain life insurance policies |
Dividends for 2017. Paid by the trustees on certain UK life assurance policies |