Trust and estate tax return (SA900)

Produced by a Tolley Trusts and Inheritance Tax expert

Trusts and Inheritance Tax

Guidance

This guidance note covers the requirement to submit an SA900 trust and estate tax return and provides links to the relevant forms on the HMRC website. It includes commentary on some of the features of the tax return. The tax rules relating to trust income, expenses and capital gains, and the calculation of tax liabilities are dealt with in other parts of this topic.

Requirement to submit an SA900 tax return

The income and gains of trusts are assessed under the self assessment regime. If HMRC has issued a return or a notice to complete a return, then trustees must complete a trust and estate tax return form SA900.

If you are registered online to act as an agent for the trustees, you should be able to view whether a return has been issued (and the issue date, if applicable) when you sign in to your HMRC online services. Alternatively, you can contact them by post or phone for the information.

If a return has been issued but it is not submitted,

Continue reading the full document

To gain access to additional expert tax guidance, workflow tools, generative tax AI, and tax research, register for a free trial of Tolley+™

TAKE A FREE TRIAL NOW

Popular Articles

Trusts and Inheritance Tax

Transfer of assets to beneficiaries ― legal, administration and tax issues

Transfer of assets to beneficiaries ― legal, administration and tax issuesThis guidance note outlines how assets are transferred to beneficiaries and the tax consequences that flow from the transfer. Whether a payment is income or capital is discussed in the Payments to trust beneficiaries guidance

14 Jul 2020 13:52 | Produced by Tolley Read more

Corporation Tax

Premiums on the grant or surrender of a lease

Premiums on the grant or surrender of a leasePremiums on the grant of a lease ― outlineWhen a property investor grants a lease, potentially this could be done on the basis that the tenant pays a premium for the initial grant of the lease, in addition to also paying rent over the term of the lease.

14 Jul 2020 12:58 | Produced by Tolley in association with Rob Durrant-Walker of Crane Dale Tax, part of AMS Group Read more

Owner-Managed Businesses

Interest on late paid tax

Interest on late paid taxIntroductionInterest on late paid tax is a compulsory charge set out in legislation to reflect the interest which would have accrued to the Exchequer had the correct amount of tax been paid at the right time.Harmonised legislation was introduced in 2009 to:•set statutory

14 Jul 2020 12:00 | Produced by Tolley in association with Philip Rutherford Read more

��˾��ҹ��