Beneficiaries
Abatement of exemption, claim settled out of own resources
Absolute entitlement, capital gains tax
Ability to give good receipt
Absolutely entitled, meaning of
Annuity, existence of
Base cost
Date not dependant on distribution
Deemed disposals
Exemptions and reliefs
Generally
Hold-over relief
Interest acquired for money/money's worth
Joint entitlement against trustee
Losses
Rights to consider
Scots law, application
Similarity of interest
Sub-fund elections
Successive interest, distinction between joint entitlement and
Termination of life interest
Termination of life interest on death
Trust for sale ignored
Trustee's lien
Undivided shares in land
Winding up settlement, beneficiaries' agreement
Absolute entitlement, income tax
Absolute entitlement, inheritance tax
Absolute interest in residue
Adjusted assessments on completion of administration
Annuitants
Business passing to beneficiary
Deficiency of income
Discretionary payments
Dispensing with administration period
Following limited interest
Generally
Inheritance tax paid, relief for
Non-residuary interests
Specific legatees
Successive interests in residue
Sums paid during administration period
Tax-free annuities
Will annuities
Accumulation and maintenance trusts, age and class
Agreement with, self-dealing rule
Appeals
Appointment of benefits to
Ascertaining residuary income
Bankruptcy
After death
Before death
Bare trusts
Minors and incapacitated persons
Partnership income
Persons sui juris
Capital gains tax
Exemptions
Generally
Interest acquired for money/money's worth
Losses deducted from attributed gains
Non-resident trusts
Private residence relief
Reliefs
Capital payments treated as income
Generally
Income in beneficiary's hands
Chargeable gains
Absolute entitlement to settled property
Capital payments by offshore trusts to
Non-UK resident settlements, attribution of gains
Charitable/non-charitable, allocation of exemption
Children of principle as against trustees, absolute entitlement
Children, payments made for relevant child of settlor
Claims
Companies as
Companies, discretionary payments made to
Consultation with, on land
Contingent interest
Corporation tax
Costs of maintaining
Deed of variation
Definition
Disclaimer of interest in settled property
Discretionary or accumulation trusts, payments out of
Discretionary settlements
Distributions
Accumulated income
Applicable rate
Generally
Residuary beneficiaries
Domiciled outside UK, excluded property
Double taxation relief
Estates in administration
Exempt trust income
Future, survival
General and specific legatees
Generally
Identifying, status of
Income
Income tax
Income tax liability
Inheritance tax
Allocation of tax burden
Charging provisions
Deed of variation
Disclaimers
Exemptions
Generally
Loans to
Inheritance tax, limited liability
Inter-American Development Bank, income from
Interest in possession
Arrangement/transfer associated operations
Cases where interest arises on or after 22 March 2006
Disposal for maintenance of beneficiary's family
Disposal for money or money's worth
Disposal of
Entitlement on attaining 21
Generally
Immediate post-death interest
Sole beneficiaries, discretionary trusts
Subject to trustees' powers
Termination
Transitional serial interests
Treatment of
Interests in estates
Intermediate income, entitlement
Legatees, meaning
Liability for tax
Conditionally exempt transfers
Generally
Limitation of
Personal exemptions, application of
Limited interest in residue
Generally
Payments treated as net of tax
Sums paid during administration period
Loans to
Meaning
Minors
Non-resident beneficiaries, estates in administration
Non-resident beneficiaries, UK settlements
Double taxation agreements
Generally
Interests in possession
Non-resident trusts
Apportionment of gains
Attribution of gains to
Capital payments
Charge to tax
Deductions from taxable income, discrimination
Dual resident settlements
Information powers
Inter-settlement transfers of property
Interaction with income tax charge
Matching capital payments with gains
Migration of settlements
Non-domiciled beneficiaries
Reporting requirements
Section 2(2) amount
Supplementary charge
Transitional provisions
Non-resident, deposit-takers deduction of tax at source
Occupation by
Occupation of dwelling-house, trustees' permission given
Occupation of trust property
Exercise of powers under Trust of Land and Appointment of Trustees Act 1996
Generally
Tenants in common
Offshore funds, computation of tax
Overseas estates
Overseas settlements
Partial entitlement
Participators in close companies, employee trusts
Payments on behalf of
Personal exemptions, application of to trustees
Power to augment income
Powers to raise tax
Private residence relief
Protective trusts
Purchase of land after transferor's death
Relief for annuities from unused funds
Residuary beneficiaries
Distributions to
Generally
Residuary income, ascertaining
Reversionary interest acquired by
Right to be informed
School fees
Settlor as
Stamp duty land tax
Interests under certain trusts
Reallocation of trust property between beneficiaries
Successions, machinery and plant
Trust income
Trustees as
Types of beneficiaries
Unborn
Valuation of assets at date of death, capital gains tax
Vested interest
Vulnerable beneficiaries, settlements with
Claims for special income tax treatment
Criminal Injuries Compensation Scheme
Disabled person, meaning
Disabled persons, qualifying trusts
Effect of special income tax treatment
Election
Enquiries
Generally
Intestacy and statutory trusts
Management expenses
Mixed trusts, qualifying trusts
Non-resident trustees and beneficiaries
Partially qualifying settlements
Qualifying trusts
Relevant minors, qualifying trusts for
Special income tax treatment, claims for and effect of
Vulnerable person, meaning
Will trusts
Vulnerable persons
Vulnerable, trusts for
