30AAAssessing income tax on trustees and personal representatives

1

Income tax charged on income arising to trustees of a settlement may be assessed and charged on, and in the name of, any one or more of the assessable trustees.

2

Income tax charged on income arising to the personal representatives of a deceased person may be assessed and charged on, and in the name of, any one or more of the assessable representatives.

3

In subsection (1) “the assessable trustees” means—

a

the trustees of the settlement in the tax year in which the income arises, and

b

any subsequent trustees of the settlement.

4

In subsection (2) “the assessable representatives” means—

a

the persons who, in the tax year in which the income arises, are personal representatives of the deceased person, and

b

any subsequent personal representatives of the deceased person.