TSEM8370 - Trust management expenses: IIP trusts: IIP beneficiaries: tax law: form R185 (Trust Income)
In the example in TSEM8365 the entries on the form R185 (Trust Income) given by the trustees to the beneficiary would be:
| Net amount | Tax paid | |
| Box 3 non-savings income | £800.00 | £200.00 |
| Box 4 savings income | £550.00 | £137.50 |
The beneficiary uses the information on form R185(Trust Income) to make his or her tax return or to claim repayment.
