Clause 33 - Trustees both resident and non-resident in a year of assessment
Finance Bill
11:30 am
Richard Spring (Shadow Minister, Treasury; West Suffolk, Conservative)
I am grateful for the Minister’s explanation. We will wish to make a contribution to the review. I suggest that if he wants to get some excellent personal feedback and experience on trusts and their efficacy and ability—particularly offshore trusts—to help him reduce tax bills, he might wish to consult his noble Friend Lord Drayson, a Minister who appears to be expert beyond parallel in these matters.