Put not your trust in princes
Endacott, John
Put not your trust in princes - 2006 - Taxation 157(4065) 6 July 2006, 376-378(3) .
Looks at recent attacks by the UK government on tax planning involving trusts. Discusses the restrictions in holdover relief where there is a settler interest, restrictions in only or main residence relief following a holdover relief claim, and changes to Sched 20 in the current Finance Bill. Considers the impact of these changes on capital gains tax planning, inheritance tax planning, and divorce settlements.
FINANCE (NO 2) BILL 2006
CAPITAL GAINS TAX ACT 1992
INHERITANCE TAX ACT 1984
United Kingdom--
Put not your trust in princes - 2006 - Taxation 157(4065) 6 July 2006, 376-378(3) .
Looks at recent attacks by the UK government on tax planning involving trusts. Discusses the restrictions in holdover relief where there is a settler interest, restrictions in only or main residence relief following a holdover relief claim, and changes to Sched 20 in the current Finance Bill. Considers the impact of these changes on capital gains tax planning, inheritance tax planning, and divorce settlements.
FINANCE (NO 2) BILL 2006
CAPITAL GAINS TAX ACT 1992
INHERITANCE TAX ACT 1984
United Kingdom--