IHT in Discretionary Trusts - A Bite-Sized Guide to Section 80 Issues

Introduction

Taxing IHT inside the relevant property trust regime can be complicated enough with a straightforward trust.

When the trust starts out life as an immediate post death interest and then converts to being inside the relevant property regime (‘RPR’), IHTA section 80 kicks in and the taxation calculations can get even more tricky.

This practical and informative session will guide you through these issues, showing you how to deal with the conversion using both the legislation and some practical examples.

What You Will Learn

This webinar will cover the following:

• What is a QIIP?
• What happens when a QIPP passes to a DT?
• How does it impact the anniversary charge?
• Examples and tips

This webinar was recorded on 10th August 2022