Annual exempt amount: trust exemption: more than one settlor
Where there is more than one settlor in relation to a settlement, you obtain the amount ofexemption due in respect of each settlement by
determining the number of qualifying settlements in the group attributable to EACH settlor as in CG18096 and
dividing the amount of the trust exemption by the number (up to 5) of qualifying settlements in the largest group.
See example 6 in CG18205.