Accompanying Inland Revenue’s report on the review is an annex of disclosure data from the 2023 tax year.
To help provide another perspective on the disclosure rules, an independent report has also been prepared by John Cantin, Cantin Consulting.
Trust disclosures post-implementation review
Inland Revenue has completed a post-implementation review of the increased disclosure requirements that were introduced in December 2020 for trustees for the 2021–22 and later income years.