Agricultural property relief

Business property relief

Capital gains tax

Individuals

Personal representatives

Trusts

Charitable gifts, lower rate of tax

Corporation tax

Main rate

Cumulation principle

Different rates applying

Discretionary trusts

General provision

Generally

Higher rate

Income tax

Increase, when premiums received

Indexation

Inheritance tax

Charitable donations from individual's estate

Death

Lifetime transfers

Landfill tax

Leases

Linked transactions

Net present value

Overview

Rent payable

Tables

Tenant's obligations

Uncertain rent

Variable rent

Lifetime chargeable transfers

Maintenance funds for historic buildings

Nil rate band, transfers of

Pension funds inherited from member over 75 years

Petroleum revenue tax

Premiums liable to tax at higher rate

Reduction

Between transfer and death

Generally

Regulations to avoid double charge

Separate taxes

Settlements without interests in possession

Commencing before 27 March 1974

Increase in property during ten-year period

Ten-yearly charge

Shareholder and policyholder profit

Standard rate

Table of rates

Tapered charge within seven years of death

Ten-yearly charge

Before first anniversary

Between anniversaries

Exemption

Generally

Increase in property during ten-year period

Reduced rate

Settlement commencing before 27 March 1974

Threshold

Transfers within seven years before death

Value added tax

Woodlands