15/02/2019 News

UK Government stats show trusts income has plunged by £500 million

The number of trusts and estates for which a full self-assessment (SA) are required has fallen to 156,500 in 2016-17 from 163,500 in 2015-16, meaning that the total income reported in respect of trusts and estates fell by 17 percent (£500 million) from £2.9 billion to £2.4 billion in 2016-17, figures released by the UK Government have shown

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