Commentary

I12.803 Capital gains tax

IHT, trusts and estates

I12.803 Capital gains tax

I12.803 Capital gains tax

Hold-over relief for CGT is available in respect of certain gifts of business or agricultural property and disposals that are also occasions of immediate IHT charge (including transfers to and distributions from discretionary trusts, gifts to political parties, maintenance funds, and so forth).

Relief under TCGA 1992, s 260 is also available for disposals which do not give rise to a charge to IHT by virtue of IHTA 1984, s 71B or 71E (ie occasions on which property ceases to be held on bereaved minors or, in certain circumstances, age 18 to 25 trusts).

Where relief under

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