I5.1122 More Than One Settlor (Income Tax And CGT)

Home / Simons-Taxes / IHT, trusts and estates / Part I5 Settled property / Division I5.11 Income tax and CGT for settlors / Circumstances when a settlor (or family member) is chargeable to income tax / I5.1122 More than one settlor (income tax and CGT)

Commentary

IHT, trusts and estates

Where a settlement has more than one settlor, each settlor is to be treated as the only settlor of a deemed separate settlement, with rules as to the property and income which is to be treated as belonging to that separate settlement¹.

In relation to a particular settlor, property comprised in a settlement means property originating

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