HMRC has produced a new draft form to help taxpayers submit capital gains pages as part of an in-year cessation return for 2010/11.
Draft form SA905 (Trust and Estate Capital Gains supplementary pages) should be submitted with the main Trust and Estate Tax Return (SA900) and is available on request from the Trusts Helpline on 0845 604 6455.
The form takes into account the changes announced in the 22 June 2010 Budget, principally the new 28% CGT rate for trustees and the revisions to entrepreneurs’ relief.
HMRC has produced a new draft form to help taxpayers submit capital gains pages as part of an in-year cessation return for 2010/11.
Draft form SA905 (Trust and Estate Capital Gains supplementary pages) should be submitted with the main Trust and Estate Tax Return (SA900) and is available on request from the Trusts Helpline on 0845 604 6455.
The form takes into account the changes announced in the 22 June 2010 Budget, principally the new 28% CGT rate for trustees and the revisions to entrepreneurs’ relief.
