Accumulation and maintenance trusts

Annual charges, credit for

Charitable purposes, income for

Charitable trusts

Property becoming comprised in second settlement

Property coming into

Property temporarily leaving trust

Treated as one settlement

Commencement of settlement

Conditionally exempt transfers

Generally

On or prior to settlement

Time-limits for claims

Variation of undertakings

Disclaimers

Employee trusts

Property becoming comprised in second settlement

Property coming into

Property leaving

Treated as one settlement

Excepted settlements, delivery of accounts

Excluded property

Exit charge

Agricultural tenancies

Amount charged to tax

Charitable purposes

Disposition by trustees

Dispositions not intended to confer gratuitous benefit

Employee trust exemption

Generally

Non-taxable dispositions

Non-taxable payments

Property ceasing to be situated in UK

Rate of tax

Settlor resident abroad

Income for charitable purposes

Interest on unpaid tax

Liability for tax

Lloyd's corporate members

Maintenance funds for historic buildings

Newspaper trusts

Property becoming comprised in second settlement

Property leaving

Treated as one settlement

Pre-1978 protective trusts, charge to tax

Qualifying interest in possession

Rates of tax

Before first ten-year anniversary

Reduction

Ten-yearly charge

Related settlements

Relevant property, meaning

Same-day additions

Settled by will, distribution within two years of death

Settled on death

Survivorship clauses

Ten-year charge

Aggregate value, meaning

Between anniversaries

Charge to tax

Chargeable transfer, meaning

Dates of

Exemption from charge

First anniversary

Increase in property during ten-year period

Rate of tax

Reduced rate

Settlements commencing before 27 March 1974

Value, meaning

Trusts for disabled persons, pre-1981

Unrelated settlements