The settlor adds a cross-reference in the ' Additional Information ' box on page 8 of the tax return.
perpetuities The rule against perpetuities is, in effect, an overall time limit within which any direction by the settlor must take effect.
There are also provisions to clawback hold over relief where a gift is made to a trust which subsequently becomes settlor interested.
Electing into GWR and then terminating the trust Para 22 of Sch 15 allows the settlor to make a GWR election.
The AEA is divided where there are several trusts created by the same settlor.