Commentary

B6.752A ATED—regulated home reversion plans

Business tax
Business tax | Commentary

B6.752A ATED—regulated home reversion plans

Business tax | Commentary

B6.752A ATED—regulated home reversion plans

For chargeable periods beginning on or after 1 April 20161, a day in a chargeable period is relievable in relation to an SDI held by a person ('P') who is an authorised plan provider2 if3:

  1.  

    (a)     P has, as a plan provider, entered into a regulated home reversion plan relating to the SDI; and

  2.  

    (b)     the occupation condition is met on that day

The meaning of the 'occupation condition' varies depending on whether or not a 'qualifying termination event' has occurred. A 'qualifying termination event', in relation to a person's entitlement to occupy land, is4:

  1.  

    (i)    

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