In Lily P Tang v HMRC [2018] TC 6965 the FTT decided that a bare trust for a family member can exist without formal documents if that is supported by other evidence.  

HMRC took the view that without a deed, no Trust could exist in law. 

The tribunal found that the evidence clearly showed a bare trust had been created. As such, Mrs Tang was a trustee and the trust's income was not taxable in her hands.

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External links

Lily P Tang v HMRC [2018] TC 6965