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FL Memo Ltd © 2008

Tax Memo Newsletter Issue 1 (PBR 2008)

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Trusts, estates and settlements

 

Tax rates for non-interest in possession trusts

TM ¶7308

From 6 April 2011, the tax rate applicable to trusts will be increased to 45%, in line with the highest rate of income tax.  The rate applying to dividends will also increase to 37.5%.

 

Text Box: PBR 2008