xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
553U.K.In section 624 (income where settlor retains an interest in the settlement) after subsection (1) insert—
“(1A)If the settlement is a trust, expenses of the trustees are not to be used to reduce the income of the settlor.”