Trust Taxation, 2nd edition

Publisher: Sweet & Maxwell; hardback 1 200 pages

This book is a gem. Please notice that I have avoided the more commonly used phrase ‘little gem’ because nothing could be less appropriate in relation to this book.

What you get are over 1 200 pages of in depth analysis and practical advice; all written in clear and readable phrasing.

As far as I can recall there has never been anything like it on the market before nor any other single volume which currently comes anywhere near it for its comprehensive review of the topic.

My enthusiasm for the book was further enhanced by the fact that it was quoted at me late last year in order to prove me wrong on a point. Let me try you out on the problem concerned.

A discretionary trust with no settlor cumulative total has UK assets within the nil...