Vulnerable beneficiary trusts: HMRC response to consultation and Finance Bill 2013 clauses | Practical Law
Draft clauses to change the definition of a disabled person for tax purposes and harmonise the restrictions on capital and income distributions from trusts for vulnerable persons for inclusion in the Finance Bill 2013 with responses to HMRC's earlier consultation were published on 11 December 2012 (with a revised version on 17 January 2013) and will have effect from 8 April 2013.