IHTM42070 - Relevant property trusts: chargeable events

A transfer of assets into a trust of relevant property (IHTM42161) is an immediately chargeable transfer by the settlor. (IHTM42075) 

The main occasions of charge on relevant property are: 

  1. A바카라 사이트¯proportionate/exit charge바카라 사이트¯on distributions or dispositions from the trust in the first ten years since property was first added to the settlement (before the first ten year anniversary).바카라 사이트¯The claim is under바카라 사이트¯IHTA84/S65 and the tax is calculated under바카라 사이트¯IHTA84/S68 

  2. The바카라 사이트¯ten year anniversary바카라 사이트¯(the principal charge).바카라 사이트¯The claim is under바카라 사이트¯IHTA84/S64 and the tax is calculated under바카라 사이트¯IHTA84/S66 

  3. 바카라 사이트¯A바카라 사이트¯proportionate/exit charge바카라 사이트¯on distributions, dispositions or where property becomes excluded property as a result of the settlor ceasing to be long-term UK resident (IHTM47000) between ten year anniversaries.바카라 사이트¯The claim is under바카라 사이트¯IHTA84/S65 and the tax is calculated under바카라 사이트¯IHTA84/S69 

Charging provisions are explained in more detail at chapter 4 of the manual from바카라 사이트¯IHTM04095.