How is income arising in the UK taxed - ANSWERSIt's always subject to UK income tax
When is CGT on a residential property sale payable - ANSWERS60 Days after sale
What are the criteria for business asset disposal relief - ANSWERSShares must be held for 2 years, with a
minimum 5% shareholding
When is the residence nil rate band not applicable - ANSWERSIf the inheritor is not a direct descendant,
or it's gifted to a discretionary trust
How is income form an IIP trust treated for the beneficiary - ANSWERSIt's all paid net of BRT, and is not
treated as trust income
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