Completing the SA900 Trust tax form

Trust information

• Type of Trust

• Beneficiaries

• Trust Register

• Tax Pool

• Income not liable to special trust rate

• Residence status

• Charity information

Income

• Trade Profit/(Loss)

• Lloyd’s underwriters

• Partnership profit /(loss)

• Interest etc.

• Dividends etc.

• UK Property

• Gains on UK life insurance policies

• Other UK income/(losses)

• Foreign savings interest

• Dividends from foreign companies

• Foreign property

• Foreign life assurance gains

• Disposals of holdings in offshore funds

Gains

• Capital gains

Deemed income

• Accrued income & deeply discounted securities

• Other deemed income etc

• Company purchase of its own shares

Reliefs

• Royalties and annual payments made

• Interest on loans used to pay inheritance tax

• Foreign tax credit relief

• Vulnerable beneficiary relief

Deductions

• Trust management expenses

Other details

• Front page details

• Tax adviser & signatory details

• Tax adjustments

• Repayment of tax overpaid

• Capital paid to settlor

• Annual payments made out of capital

• Pension savings tax charges

• Assets put into trust

• Claim to reduce payments on account

• Capital received from non-resident trust

• Tax avoidance schemes

• Coronavirus Income