Related Commentary  Related HMRC Manuals

70(1)  This section applies to settled property held for charitable purposes only until the end of a period (whether defined by a date or in some other way).

70(2)  Subject to subsections (3) and (4) below, there shall be a charge to tax under this section–

(a)where settled property ceases to be property to which this section applies, otherwise than by virtue of an application for charitable purposes, and

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.