Commentary

I3.333 Gifts to charities

IHT, trusts and estates

I3.333 Gifts to charities

I3.333 Gifts to charities

Transfers of value are exempt transfers to the extent that the value transferred by them is attributable to property which is given to charities or 'registered clubs'1 (ie community amateur sports clubs2). Property is treated as given to charities if it becomes the property of charities or is held on trust for charitable purposes only3.

For further information see:

Gifts to charitable bodiesI4.215
Anti-avoidance provisionsI3.344
Restrictions and anti-avoidance provisionsI4.221
Introduction to exemptions within a purchased reversionI5.731
LoansI3.342

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