I am dealing with a discretionary trust set up following a successful medical negligence claim, the recipient being profoundly disabled. HMRC have confirmed that the provisions of IHTA 1984, s 89 (settlor-interested trust) are satisfied, but what are the income tax implications?
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.