Absolute interests
Applicable rate for determining assumed income entitlement
Legislation/Regulatory –
ITTOIA2005
s. 670
Assumed income entitlement
Legislation/Regulatory –
ITTOIA2005
s. 665
Basic amount, calculation
Legislation/Regulatory –
ITTOIA2005
s. 660
Generally
Legislation/Regulatory –
ITTOIA2005
s. 652
Inheritance tax on accrued income
Legislation/Regulatory –
ITTOIA2005
s. 669
Meaning
Legislation/Regulatory –
ITTOIA2005
s. 650
Residuary income
Legislation/Regulatory –
ITTOIA2005
s. 666-
670
Successive interests
Legislation/Regulatory –
ITTOIA2005
s. 671-
673
Administration period, meaning
Legislation/Regulatory –
ITTOIA2005
s. 653
Aggregate income of the estate
Basic amounts treated as paid, determination
Legislation/Regulatory –
ITTOIA2005
s. 679
Meaning
Legislation/Regulatory –
ITTOIA2005
s. 664
Appropriation of assets by personal representatives
Legislation/Regulatory –
ITTOIA2005
s. 681
Assessments, adjustments and claims at end of administration period
Legislation/Regulatory –
ITTOIA2005
s. 682
Assumed income entitlement
Legislation/Regulatory –
ITTOIA2005
s. 665
Basic amount, general calculation rules
Absolute interests
Legislation/Regulatory –
ITTOIA2005
s. 660
Aggregate income
Legislation/Regulatory –
ITTOIA2005
s. 664
Discretionary interests
Legislation/Regulatory –
ITTOIA2005
s. 662
Grossing up, applicable rate
Legislation/Regulatory –
ITTOIA2005
s. 663
Limited interests
Legislation/Regulatory –
ITTOIA2005
s. 661
Charge to tax
Legislation/Regulatory –
ITTOIA2005
s. 649
Discretionary interests
Basic amount, calculation
Legislation/Regulatory –
ITTOIA2005
s. 662
Generally
Legislation/Regulatory –
ITTOIA2005
s. 655
Meaning
Legislation/Regulatory –
ITTOIA2005
s. 649
Dividend income, treated as
Legislation/Regulatory –
ITTOIA2005
s. 680A
Final tax year, meaning
Legislation/Regulatory –
ITTOIA2005
s. 653
Foreign estates
Absolute interests, relief where UK income tax borne
Legislation/Regulatory –
ITTOIA2005
s. 677
Limited and discretionary interests, relief for UK income tax borne
Legislation/Regulatory –
ITTOIA2005
s. 678
Meaning
Legislation/Regulatory –
ITTOIA2005
s. 651
Income charged
Foreign estates
Legislation/Regulatory –
ITTOIA2005
s. 657,
658
UK estates
Legislation/Regulatory –
ITTOIA2005
s. 656
Limited interests
Basic amount, calculation
Legislation/Regulatory –
ITTOIA2005
s. 661
Generally
Legislation/Regulatory –
ITTOIA2005
s. 654
Meaning
Legislation/Regulatory –
ITTOIA2005
s. 650
Successive interests
Legislation/Regulatory –
ITTOIA2005
s. 673-
675
Person liable
Legislation/Regulatory –
ITTOIA2005
s. 659
Residuary income
Generally
Legislation/Regulatory –
ITTOIA2005
s. 666
Inheritance tax on accrued income
Legislation/Regulatory –
ITTOIA2005
s. 669
Reduction in share of
Legislation/Regulatory –
ITTOIA2005
s. 668
Shares of
Legislation/Regulatory –
ITTOIA2005
s. 667
Statements of amounts
Legislation/Regulatory –
ITTOIA2005
s. 682A
Successive interests
Absolute interests
Legislation/Regulatory –
ITTOIA2005
s. 671
Apportionments
Legislation/Regulatory –
ITTOIA2005
s. 676
Assumed income entitlement of holder of absolute interest following limited interest
Legislation/Regulatory –
ITTOIA2005
s. 672
Basic amount of estate income, limited interests
Legislation/Regulatory –
ITTOIA2005
s. 675
Holders of limited interests
Legislation/Regulatory –
ITTOIA2005
s. 674
Payments in respect of limited interests followed by absolute interests
Legislation/Regulatory –
ITTOIA2005
s. 673
Transfer of assets etc. treated as payments
Legislation/Regulatory –
ITTOIA2005
s. 681
Treated as bearing income tax
Legislation/Regulatory –
ITTOIA2005
s. 680
Treated as dividend income
Legislation/Regulatory –
ITTOIA2005
s. 680A
UK estate, meaning
Legislation/Regulatory –
ITTOIA2005
s. 651