by Joej80 on Sun Jan 15, 2012 7:44 pm
Hi all
My girlfriend's father and close friend set up a trust fund for her a while ago. The money is used to pay for her university fees. She has no income from work. Does this money classify as income and is it taxable? We think she needs to fill out a self-assessment form but we are not sure.
Many thanks in advance.
J