Taxation: Domicil
(asked on 16th October 2023) - View Source
Question to the HM Treasury:
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.
This question was answered on 25th October 2023
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.