This Bloomsbury Professional book covers the tax aspects of UK trust law and guides you through the complexities of Scotland's unique trusts and estates regime. The book covers the tax aspects of starting, running and ending a trust and deceased estates. It is a user-friendly, practical volume, which provides professionals with a core tax annual from which they can easily find initial guidance on mainstream areas of UK tax legislation and practice, as applied in Scotland.
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Chapter 4 Running a trust: income tax
Chapter 5 Running a trust: capital gains tax
Chapter 6 Running a trust: inheritance tax
Chapter 11 Deceased estates: Practical IHT considerations
SCHEDULE IHT 405: HOUSES, LAND, BUILDINGS AND INTERESTS IN LAND
SCHEDULE IHT 406: BANK AND BUILDING SOCIETY ACCOUNTS AND NATIONAL SAVINGS AND INVESTMENTS
SCHEDULE IHT 408: HOUSEHOLD AND PERSONAL GOODS DONATED TO CHARITY
SCHEDULE IHT 412: UNLISTED STOCKS AND SHARES, AND CONTROL HOLDINGS
SCHEDULE IHT 413: BUSINESS AND PARTNERSHIP INTERESTS AND ASSETS
SCHEDULE IHT 420: NATIONAL HERITAGE ASSETS – CONDITIONAL EXEMPTION AND OFFERS IN LIEU OF TAX