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Syllabuses | 01 Oct 2011
CII syllabus for AF1 Personal tax and trust planning 2011-12
Technical articles | 01 Jul 2011
In the July 2010 article we considered the tax and legal aspects of bare trusts and you may want to refer to it to refresh your knowledge of the fundamentals.
Technical articles | 01 Jun 2011
1. Introduction With the tax rates on trusts at a very high level, due to their non-income producing qualities single premium bonds can look attractive as trustee investments as a means of tax deferral with interim access by use of the 5% withdrawal facility. Whilst the tax position on e...
Technical articles | 01 Jun 2011
Couples often own assets in joint names, usually because it is much easier to deal with assets, both during lifetime and following death, as should one of the owners die the title passes to the survivor without the need for any other formalities. When a couple want to make a gift, including...
Technical articles | 01 Apr 2011
A well-known inheritance tax planning route for persons who are placing assets that will or are likely to have substantial future value in trust is to use "Rysaffe planning". This planning takes its name from the Court decision in the Rysaffe case which, in broad terms, found that even if t...
Technical articles | 01 Apr 2011
The spring brings with it the annual Budget and the new tax year and so it is the right time to review the latest developments in the area of trusts. Whilst there has been nothing new for trustees in the March 2011 Budget, there have been a number of recent interesting developments in this ...
Technical articles | 01 Jan 2011
February and March are key planning months to maximise the use of an individual's allowances, reliefs and exemptions for the current tax year, especially as some will be lost if not used before the tax year end. Technical Connection's John Woolley provides hints on strategy...
Technical articles | 01 Oct 2010
Last month we looked at the structure, operation, advantages and disadvantages of Discounted Gift Trusts. This month we turn our attention to Loan Trusts. Also, at the end of this article, we look at the scope for lump sum IHT schemes to be subject to the Disclosure of Tax Avoidance Schemes...
Technical articles | 01 Sep 2010
In this third and last part of a series revising the fundamentals of trusts we look at the discretionary trust and its current place in financial planning.

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