SECTION 2  Chargeable trusts 

Rattachementss 59,
71 IHTA 1984

 A chargeable trust is taxed as a separate entity, and the trust property does not form part of a beneficiary's estate. A person who is beneficially entitled to an interest in possession in a chargeable trust is therefore not treated as making a transfer of value when the interest in possession ends.
There are three instances where a charge to IHT may arise from a chargeable trust:

This content is only available to our subscribers.

If you are already a subscriber, login here.
Don't have a subscription yet but want to see more?

•    Request a free demo via our webform or send an email to

•    Take a subscription via our webshop