CG67826 - Reliefs: employee-ownership trusts: The 鈥榯rustee residence requirement鈥�

Throughout this manual, all legislative references are to (鈥淭CGA92鈥�) unless otherwise stated.听

S236H(4)(za) (inserted by by para 2 of Sch 6 Finance Act 2025) provides that for disposals on or after 30 October 2024, the trustees of the settlement must be resident in the UK,听

  • at the time of the disposal and听
  • for the remainder of the tax year in which that time falls.听

If there is more than one trustee, the trustees are treated as a single body, see CG10732. 听

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