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Home / Simons-Taxes /IHT, trusts and estates /Part I5 Settled property /Division I5.11 Income tax and CGT for settlors /Settlor interested trusts (income tax) / I5.1126 Settlor interested trusts—exceptions
Commentary

I5.1126 Settlor interested trusts—exceptions


IHT, trusts and estates

The general rule does not apply to the following:

  1. Ìý

    •ÌýÌýÌýÌý Annual payments made by an individual for bona fide commercial reasons in connection with his trade, profession or vocation1.

  2. Ìý

    •ÌýÌýÌýÌý Qualifying donations within ITA 2007, ss 413–430 (Pt 8, Ch 2) (gift aid)2.

  3. Ìý

    •ÌýÌýÌýÌý Benefits under a registered pension scheme, a pension scheme set up by a foreign government for its employees, and pension arrangements under regulations prescribed by the Welfare Reform and Pensions Act 1999, s 11(2)(h) (or its Northern Ireland equivalent)3.

  4. Ìý

    •ÌýÌýÌýÌý Income arising on

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