Schedule 15 Charge to income tax on benefits received by former owner of property

United Kingdom

1. Introductory
2. Land
3. Chattels
4. Intangible property comprised in settlement where settlor retains an interest
5. Excluded transactions
6. Exemptions from charge
7. Chargeable person non-UK resident or not a long-term UK resident
8. Exemption in cases where aggregate notional annual values do not exceed £5,000
9. Power of Treasury to confer further exemptions by regulations
10. Valuation
11. Changes in distribution of deceased’s estate
12. Guarantees
13. Persons chargeable under different provisions by reference to same property
14. Relationship with Part 3 of Income Tax (Earnings and Pensions) Act 2003
15. Regulations
16. Election for application of inheritance tax provisions