Commentary

I3.334 Gifts to political parties

IHT, trusts and estates

I3.334 Gifts to political parties

I3.334 Gifts to political parties

Transfers of value are exempt transfers to the extent that the values transferred by them are attributable to property which becomes the property of a qualifying political party1.

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

For the details of this exemption and of the parties that qualify, see I4.216. As regards the restrictions and anti-avoidance provisions, see I3.344 for points particularly relevant to lifetime transfers, and I4.221, I5.731 onwards for

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