Trust - SA900
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Modified on: Mon, 25 Mar, 2019 at 12:16 PM
Location: Capium > Self Assessment > SA900> Client Specific
Trust Tax return is a self-assessment tax for Trusts. Please note that you may file a SA900 only when you have created a client as Trust type.
Capium Self-assessment module helps in delivering high-quality Tax work for a wide range of clients at highly efficient cost.
Its unique features simplify and streamline every step in the tax return process, from collecting raw data to online filing and tax planning.
Brief Intro:
A trust is a way of managing assets (money, investments, land or buildings) for people. There are different types of trusts and they are taxed differently.
Trusts involve:
the ‘settlor’ - the person who puts assets into a trust
the ‘trustee’ - the person who manages the trust
the ‘beneficiary’ - the person who benefits from the trust
Capium SA900 module supports various types of Trust for whom the return can be filed:
Estate
Bare trust
Interest in possession Trust
Discretionary Trust
Charitable Trust
Unauthorized unit Trust
Employment-related Trust
Heritage maintenance Fund
Employer-financed retirement benefit scheme
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