Taxation: Domicil

Treasury written question – answered am ar 25 Hydref 2023.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Lord Agnew of Oulton Lord Agnew of Oulton Ceidwadwyr

To ask His Majesty's Government how many non-resident trusts there are with at least one UK-resident beneficiary; and how they arrived at an estimate in respect of trusts that are not required to be registered under the Trust Registration Service.

Photo of Baroness Penn Baroness Penn The Parliamentary Secretary, HM Treasury

For trusts registered on the Trust Registration Service by 31 March 2023, that remained open as of 31 August 2023, there are around 3,000 non-UK resident trusts that have at least 1 UK resident beneficiary recorded.

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