Chapter 3 – Settlements without interests in possession, and certain settlements in which interests in possession subsist (ss 58-85)

Contents

Section 58 – Relevant property [IHTA 1984 s 58] Section commentary
Section 59 – Qualifying interest in possession [IHTA 1984 s 59] Section commentary
Section 60 – Commencement of settlement [IHTA 1984 s 60] Section commentary
Section 61 – Ten-year anniversary [IHTA 1984 s 61] Section commentary
Section 62 – Related settlements [IHTA 1984 s 62] Section commentary
Section 62A – Same-day additions [IHTA 1984 s 62A] Section commentary
Section 62B – Same day additions: exceptions [IHTA 1984 s 62B] Section commentary
Section 62C – Protected settlements [IHTA 1984 s 62C] Section commentary
Section 63 – Minor interpretative provisions [IHTA 1984 s 63] Section commentary
Section 64 – Charge at ten-year anniversary [IHTA 1984 s 64] Section commentary
Section 65 – Charge at other times [IHTA 1984 s 65] Section commentary
Section 66 – Rate of ten-yearly charge [IHTA 1984 s 66] Section commentary
Section 67 – Added property, etc. [IHTA 1984 s 67] Section commentary
Section 68 – Rate before first ten-year anniversary [IHTA 1984 s 68] Section commentary
Section 69 – Rate between ten-year anniversaries [IHTA 1984 s 69] Section commentary
Section 70 – Property leaving temporary charitable trusts [IHTA 1984 s 70] Section commentary
Section 71 – Accumulation and maintenance trusts [IHTA 1984 s 71] Section commentary
Section 71A – Trusts for bereaved minors [IHTA 1984 s 71A] Section commentary
Section 71B – Charge to tax on property to which section 71A applies [IHTA 1984 s 71B] Section commentary
Section 71C – Sections 71A and 71B: meaning of “bereaved minor” [IHTA 1984 s 71C] Section commentary
Section 71D – Age 18-to-25 trusts [IHTA 1984 s 71D] Section commentary
Section 71E – Charge to tax on property to which section 71D applies [IHTA 1984 s 71E] Section commentary
Section 71F – Calculation of tax charged under section 71E in certain cases [IHTA 1984 s 71F] Section commentary
Section 71G – Calculation of tax charged under section 71E in all other cases [IHTA 1984 s 71G] Section commentary
Section 71H – Sections 71A to 71G: meaning of “parent” [IHTA 1984 s 71H] Section commentary
Section 72 – Property leaving employee trusts and newspaper trusts [IHTA 1984 s 72] Section commentary
Section 73 – Pre-1978 protective trusts [IHTA 1984 s 73] Section commentary
Section 74 – Pre-1981 trusts for disabled persons [IHTA 1984 s 74] Section commentary
Section 74A – Arrangements involving acquisition of interest in settled property etc. [IHTA 1984 s 74A] Section commentary
Section 74B – Section 74A: supplementary provision [IHTA 1984 s 74B] Section commentary
Section 74C – Interpretation of sections 74A and 74B [IHTA 1984 s 74C] Section commentary
Section 75 – Property becoming subject to employee trusts [IHTA 1984 s 75] Section commentary
Section 75A – Property becoming subject to employee-ownership trust [IHTA 1984 s 75A] Section commentary
Section 76 – Property becoming held for charitable purposes, etc. [IHTA 1984 s 76] Section commentary
Section 77 – Maintenance funds for historic buildings, etc. [IHTA 1984 s 77] Section commentary
Section 78 – Conditionally exempt occasions [IHTA 1984 s 78] Section commentary
Section 79 – Exemption from ten-yearly charge [IHTA 1984 s 79] Section commentary
Section 79A – Variation of undertakings [IHTA 1984 s 79A] Section commentary
Section 80 – Initial interest of settlor or spouse [or civil partner] [IHTA 1984 s 80] Section commentary
Section 81 – Property moving between settlements [IHTA 1984 s 81] Section commentary
Section 81A – Reversionary interests in relevant property [IHTA 1984 s 81A] Section commentary
Section 81B – Excluded property: property to which section 80 applies [IHTA 1984 s 81B] Section commentary
Section 82 – Excluded property: property to which section 81 applies (old cases) [IHTA 1984 s 82] Section commentary
Section 82A – Excluded property: property to which section 81 applies (new cases) [IHTA 1984 s 82A] Section commentary
Section 83 – Property becoming settled on a death [IHTA 1984 s 83] Section commentary
Section 84 – Income applied for charitable purposes [IHTA 1984 s 84] Section commentary
Section 85 – Credit for annual charges under Finance Act 1975 [IHTA 1984 s 85] Section commentary

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.

Become a member