Clause 29 - Estates in administration and trusts

Part of Finance (No. 2) Bill – in a Public Bill Committee at 10:45 am on 16 May 2023.

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Photo of Victoria Atkins Victoria Atkins The Financial Secretary to the Treasury 10:45, 16 May 2023

I will repeat exactly what I said for the hon. Gentleman, slowly: the measure does not affect the need for trust beneficiaries to consider their tax reliability on trust income that they receive.