Course description
Even with straightforward trusts, inheritance tax inside the relevant property trust regime can already be complicated, however it can become more complex still when an immediate post death interest converts to being inside the relevant property regime.
Megan Saksida presents this concise and informative webinar which will guide you through how to calculate the IHT effectively in relation to IHTA section 80 and this conversion.
It will cover the definition of QIPP, how a QIPP passes to a DT and the impact this has on the anniversary charge. This expert insight into the legislation, as well as some practical examples, will equip you to deal with the conversion.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
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
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...