TSEM3190 - Trust income: items that are not trust income for tax purposes

The following are not trust income for tax purposes. Trustees should not include them on the Trust and Estate Tax Return.

• Premium bonds, National lottery and gaming prizes
• interest and terminal bonuses under Save As You Earn schemes
• accumulated interest on National Savings Certificates, including index-linked certificates
• interest on National Savings Children’s Bonus Bonds
• interest awarded by a UK court as part of an award of damages for personal injury or death
• dividends on ordinary shares in a Venture Capital Trust.