Jordan Ellis

Associate, Trowers & Hamlins

Jordan is an Associate in Trowers & Hamlins' International Corporate, Tax and Private Wealth department based in Dubai. Jordan advises on all aspects of both traditional and International private client work, UK tax and succession planning.

Contributed to

1

Interest in possession beneficiaries (life tenants)—income tax

Practice notes

This Practice Note, written by Jordan Ellis and Liz Hurleyof Trowers & Hamlins LLP, considers the income tax treatment of the life tenant of an interest in possession (IIP) trust. It also explains the source of the beneficiary’s income, when the liability to tax arises, and steps for calculating, reporting and paying the income and income tax due on it.

Private Client