Trust tax return sections are grouped as follows:
Automatically added
The following sections are added automatically added to newly created trust tax returns:
- Form 50(fs)
- Trade
Income tab
Reliefs and Deductions tab
Other information tab
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