Taxation of trusts is ‘complex’ says wealth management expert

Taxation of trusts is ‘complex’ says wealth management expert

The tax treatment of property transferred into a trust depends on factors, according to Ian Dyall from Evelyn Partners. Trusts can offer people control and protection but the taxation position can be “complex”, according to a wealth management expert. Housing Secretary Angela Rayner has faced mounting pressure after it emerged she failed to pay enough stamp duty on a flat she bought in Hove this year. Ms Rayner said that she had bought the Hove …