CONSULTATIONS

摘要

Consultation on simplifying calculation of IHT to which trusts are subjected at 10-yearly intervals and when property is withdrawn from trust. It will consider options for simplifying calculation of IHT periodic and exit charges on trusts that hold or dispose of relevant property. Consulting on options to tackle Stamp Duty Land Tax avoidance using transfei of rights (subsale) rules under s45 of the Finance Act 2003. This concerns cases where a person purchasing land enters another transaction before completion of the purchase, for a conveyance to a third person.