E5.201 Children—Introduction

Home / Simons-Taxes /Personal and employment tax /Part E5 Special classes of individual /Division E5.2 Children /Children: tax position / E5.201 Children—introduction

Commentary

Personal and employment tax

For updates affecting this Division please see Part E0 Updates

Children: tax position

E5.201 Children—introduction

In England, Wales and Northern Ireland, for the general purposes of income tax, capital gains tax, corporation tax and inheritance tax, age of majority is attained at 18. References to minors, infants or similar expressions are to be construed accordingly in all statutory provisions¹.

In Scotland, equivalent rules are found in the Age of Majority (Scotland) Act 1969 which states that formal majority is reached at the age of 18. Subject to some limited exceptions, any person aged 16 years or over

View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial

TAKE A FREE TRIAL

��Ƶ

E5.201 Children—introduction

Personal and employment tax

Children: tax position

E5.201 Children—introduction

I4.265 Lifetime transfers reported late

I7.323 APR and successions

B2.218 Surplus business accommodation

C3.1814A CGT exempt assets—qualifying corporate bonds (QCB)

E6.303A Domicile of origin

A4.214 Claims following further assessments—income tax and capital gains tax

D7.1140 Methods of leaving the REIT regime

B5.812A Particular charitable bodies

E5.406 Employees of European Union delegations—tax exemptions

B5.820 Charity's profits of trade—general liability to income tax

C2.201 Allowable expenditure for capital gains—overview

C2.1231 Leases—deemed premiums

E4.1146 The PAYE cumulative basis—overview

E1.1435 Appealing transactions in securities counteraction notices

C3.1713 PPR relief where a dependent relative occupied the residence prior to 6 April 1988

B3.306 Meaning of plant and machinery

E7.234 Other types of lifetime benefit lump sum

C2.1016 Option to subscribe for shares in a company (share warrants)

D6.330 Special situations involving a transfer of trade with common ownership—business of leasing plant or machinery

E6.102K Statutory residence test—the definition of a 'home'

TOLLEY

POLICIES

EXAM TRAINING

RESEARCH AND GUIDANCE

PROFESSIONAL DEVELOPMENT

E5.201 Children—introduction

Personal and employment tax

Children: tax position

E5.201 Children—introduction

Related documents:

TOLLEY

POLICIES

EXAM TRAINING

RESEARCH AND GUIDANCE

PROFESSIONAL DEVELOPMENT