– see also Business gifts; Wedding gifts; Goodwill gifts

Abatement

Claim settled out of beneficiary's own resources

Legislation/Regulatory – FA89 s. 172(2) ; IHTA84 s. 29A

Generally

Legislation/Regulatory – IHTA84 s. 37(1)
HMRC Guidance – IHTM12086 ; IHTM12087 ; IHTM26071 ; IHTM26090

Attribution of

Commentary – Tax Reporter ¶631-000

Benefit of public or nation

Corporation tax reduction

Commentary – Hardman's Tax Rates and Tables ¶9-350

Income tax/capital gains tax reduction

Commentary – Hardman's Tax Rates and Tables ¶2-630 ; Hardman's Tax Rates and Tables ¶7-050

Inheritance tax exemption

Commentary – Hardman's Tax Rates and Tables ¶8-220

Burden of tax on

– see Liability for tax

Business assets

– see Gifts of business assets

Business entertaining expenses

– see Business entertainment

Capital gains tax

Business assets

– see Gifts of business assets

Disposals made in settlement

Commentary – Essential Tax Companion ¶14650

Hold-over relief

– see Gifts of business assets

Housing associations

Commentary – Essential Tax Companion ¶15065

Housing associations to

Legislation/Regulatory – TCGA92 s. 259
HMRC Guidance – CG46111 ; CG66620 ; CG66635 ; CG73130

Inheritance tax charge

Legislation/Regulatory – TCGA92 s. 67(3), 260, 281
HMRC Guidance – CG18601 ; CG66530 ; CG66531 ; CG66540 ; DMBM552145 ; DMBM800030 ; SAM001 ; SAM80072 ; SAM80073 ; SAM80075

Instalment payments

Legislation/Regulatory – TCGA92 s. 281

Market value

Legislation/Regulatory – TCGA92 s. 17

National heritage property

Commentary – Essential Tax Companion ¶15065

National purposes

Commentary – Essential Tax Companion ¶15065

National purposes for

Legislation/Regulatory – TCGA92 s. 257

Non-residents

Legislation/Regulatory – TCGA92 s. 261
HMRC Guidance – CG67031

Public benefit for

Legislation/Regulatory – TCGA92 s. 258
HMRC Guidance – CG10280 ; CG12618 ; CG26240 ; CG26610 ; CG67046 ; CG73301 ; CG73310 ; CG73320 ; CG73325 ; CG73330 ; CG73335 ; CG73400

Qualifying corporate bonds to charity

Legislation/Regulatory – IRInt. 23

Recovery of tax

Commentary – Essential Tax Companion ¶1805

Recovery of tax from donee

Legislation/Regulatory – TCGA92 s. 282
HMRC Guidance – CG18620 ; CG35420 ; CG66500 ; DMBM580020

Roll-over relief

– see Roll-over relief

Chargeable gains

Business assets

– see Gifts of business assets

Held-over gain relief

– see Gifts of business assets

Housing associations

Commentary – Tax Reporter ¶535-650

Charities

– see also Gifts to charities; Charitable donations relief; Charities; Charitable gifts; Gift Aid relief; Payroll deduction scheme

Generally

Commentary – VAT Reporter ¶50-110

Gifts in kind

Commentary – VAT Reporter ¶50-115

Charity

Payroll giving scheme

Commentary – Hardman's Tax Rates and Tables ¶3-735

Plant and machinery

Commentary – Hardman's Tax Rates and Tables ¶2-620

Property settled by gift

Commentary – Hardman's Tax Rates and Tables ¶2-620

Shares and securities

Commentary – Hardman's Tax Rates and Tables ¶2-620

Trading stock

Commentary – Hardman's Tax Rates and Tables ¶2-620

Denoting stamp

Legislation/Regulatory – FA2008 s. 100 ; FA85 s. 82(6)-(8)

Discretionary trusts

Commentary – SDLT Reporter ¶40-725

Dispatched outside UK, relief for special visitors

Legislation/Regulatory – SI 1992/3156 art. 21

Earnings

Commentary – Essential Tax Companion ¶9080

Educational establishments, to

Commentary – Tax Reporter ¶226-700 ; Essential Tax Companion ¶5625
Case Law – Sharkey (H.M. Inspector of Taxes) v. Wernher

Employment

Clergymen

Commentary – Tax Reporter ¶412-740

Earnings, treated as

Commentary – Tax Reporter ¶412-600
Case Law – Bridges (H.M. Inspector of Taxes) v. Bearsley Bridges (H.M. Inspector of Taxes) v. Hewitt ; COWAN v. SEYMOUR (Surveyor of Taxes). ; Commissioners of Inland Revenue v. Morris ; Laidler v. Perry (H.M. Inspector of Taxes) Morgan v. Perry (H.M. Inspector of Taxes) ; REED (H.M. INSPECTOR OF TAXES) v. SEYMOUR.

From third parties

Commentary – Tax Reporter ¶437-850

In kind

Commentary – Tax Reporter ¶412-720

Staff suggestion schemes

Commentary – Tax Reporter ¶437-750

Exempt transactions

Commentary – SDLT Reporter ¶40-720 ; SDLT Reporter ¶90-005

Exemption

Legislation/Regulatory – SI 1987/516

Gift aid

Generally

Commentary – Essential Tax Companion ¶62800

Small donations scheme

Commentary – Essential Tax Companion ¶62815

Held-over gain relief

– see Gifts of business assets

Hold-over relief

– see Gifts of business assets

Housing associations

– see also Housing associations

Generally

Legislation/Regulatory – FA89 s. 171(6) ; IHTA84 s. 24A

Importation, relief

Legislation/Regulatory – SI 1984/746 art. 5, 6, Sch. 2, Grp. 8, item 7

Inheritance tax

Abatement

Commentary – Tax Reporter ¶630-850

Annual and small gift exemption

Commentary – Essential Tax Companion ¶16610

Attribution of value

Commentary – Essential Tax Companion ¶16700

Burden of tax

– see Burden of tax

Business assets, capital gains tax

Commentary – Essential Tax Companion ¶15605

Charitable donations, reduced inheritance tax rate

Commentary – Essential Tax Companion ¶16350

Charities

– see Charities

Charities, lower rate tax

Commentary – Hardman's Tax Rates and Tables ¶8-000

Consideration of marriage

Commentary – Essential Tax Companion ¶16620

Exemption limit, exceeding

Commentary – Tax Reporter ¶630-900

Generally

Commentary – Tax Reporter ¶600-400 ; Hardman's Tax Rates and Tables ¶8-120

Housing associations

Commentary – Tax Reporter ¶645-900 ; Tax Reporter ¶645-950

Housing associations to

Commentary – Essential Tax Companion ¶16565

Lifetime gifts

– see Lifetime gifts

Marriage, gifts in consideration of

– see Gifts in consideration of marriage/civil partnership

National purposes

– see also National purposes
Commentary – Essential Tax Companion ¶16570

Political parties

– see Political parties

Political parties to

Commentary – Essential Tax Companion ¶16560

Potentially exempt transfer

– see Potentially exempt transfers

Reservation, subject to

– see Gifts subject to reservation

Revocable

Commentary – Tax Reporter ¶615-150–Tax Reporter ¶615-250

Time of making, importance

Commentary – Tax Reporter ¶615-300–Tax Reporter ¶616-300

Transfers between spouses

– see Transfers between spouses and civil partners

Under £250

Commentary – Essential Tax Companion ¶16610

Lifetime transfers

– see Lifetime transfers

Long serving employees, supply in the course of business

Case Law – R.H.M. Bakeries (Northern) Ltd. v. Customs and Excise Commissioners. (1978) 1 BVC 159

Lump sums

– see Lump sums

Mail order

'free gifts' to persons becoming agents

Case Law – GUS Merchandise Corporation Ltd. v. Customs and Excise Commissioners. (1980) 1 BVC 322 ; GUS Merchandise Corporation Ltd. v. Customs and Excise Commissioners. (1981) 1 BVC 432

Catalogues, contingent charge

Case Law – Next Group plc [2011] TC 00998 ; Redcats (Brands) Ltd. [2006] BVC 2,754

Marriage

– see Gifts in consideration of marriage

Meaning

Legislation/Regulatory – IHTA84 s. 42(1)
HMRC Guidance – IHTM26003 ; IHTM26011 ; IHTM26081 ; IHTM26212

Mental incapacity of donor

Commentary – 29.3.1

Money from companies

Commentary – Tax Reporter ¶815-350

Motor car, value added tax

Commentary – Essential Tax Companion ¶67210

National purposes

– see Gifts for national purposes

Order of making

Commentary – 5.9.4

Other recipient

Commentary – Tax Reporter ¶356-495

Part disposals of land

Commentary – CGT and the Private Residence ¶40-215

Plant and machinery allowances

Commentary – Tax Reporter ¶236-260

Political parties

– see Political parties

Potentially exempt transfer

– see Potentially exempt transfers

Pre-eminent objects gifted to the nation

Commentary – Essential Tax Companion ¶62820

Promotional, deductions

Commentary – Essential Tax Companion ¶5855

Property

Commentary – CGT and the Private Residence ¶30-105

Provision of

Commentary – Tax Reporter ¶211-650

Reduction in value

Legislation/Regulatory – IHTA84 s. 37(2)
HMRC Guidance – IHTM12086 ; IHTM12088 ; IHTM26030 ; IHTM26071 ; IHTM26090 ; IHTM26180 ; IHTM45034

Reservation, with

– see Gifts subject to reservation

Settlements

Commentary – CGT and the Private Residence ¶80-200

Settlor or close family member

Commentary – Tax Reporter ¶356-490

Small

Legislation/Regulatory – IHTA84 s. 20

Small gifts by third parties

Commentary – Essential Tax Companion ¶9150

Subject to a reservation

– see Gifts with reservation

Substitution of property for original gift

Legislation/Regulatory – FA86 Sch. 20, para. 2, 3, 4
HMRC Guidance – IHTM14371 ; IHTM14373 ; IHTM14374 ; IHTM24206 ; IHTM44049

Time of making

Cash

Commentary – Tax Reporter ¶615-550

Cheques

Commentary – Tax Reporter ¶615-600
Case Law – RHOKANA CORPORATION, LTD. v. COMMISSIONERS OF INLAND REVENUE

Choses in action

Commentary – Tax Reporter ¶615-750

Contracts or binding promises

Commentary – Tax Reporter ¶615-350
HMRC Guidance – IHTM14883

Negotiable instruments

Commentary – Tax Reporter ¶615-650

Real property

Commentary – Tax Reporter ¶615-450

Scots law

– see Scotland

Shares and securities

Commentary – Tax Reporter ¶615-700
HMRC Guidance – IHTM14885

Significance

Commentary – Tax Reporter ¶614-850

Tangible moveables

Commentary – Tax Reporter ¶615-500

Trading or business expenditure, deductions

Commentary – Essential Tax Companion ¶5855

Trading receipts

Commentary – Tax Reporter ¶222-400
HMRC Guidance – BIM41800 ; BIM41805 ; BIM41810
Case Law – (1) CHIBBETT (H.M. INSPECTOR OF TAXES) v. JOSEPH ROBINSON AND SONS. (2) THE COMMISSIONERS OF INLAND REVENUE v. JOSEPH ROBINSON AND SONS. ; Commissioners of Inland Revenue v. Falkirk Ice Rink Ltd. ; ENSIGN SHIPPING CO., LTD. v. THE COMMISSIONERS OF INLAND REVENUE. ; McGowan (H.M. Inspector of Taxes) v. Brown and Cousins (trading as Stuart Edwards) ; Murray (H.M. Inspector of Taxes) v. Goodhews ; Rolfe (H.M. Inspector of Taxes) v. Nagel ; Severne (H.M. Inspector of Taxes) v. Dadswell Commissioners of Inland Revenue v. Dadswell ; Simpson (H.M. Inspector of Taxes) v. John Reynolds & Co. (Insurances) Ltd. ; Walker (H.M. Inspector of Taxes) v. Carnaby Harrower, Barham & Pykett

United States forces to charitable organisations

Legislation/Regulatory – ESC 2.4

Value added tax

Motor car

Commentary – Essential Tax Companion ¶67210

Non-supplies

Commentary – Essential Tax Companion ¶67170

Supply

Commentary – Essential Tax Companion ¶67120

Wills and deceased estates

Commentary – SDLT Reporter ¶120-315