Dispositions allowable for income tax or conferring retirement benefits: outline of IHTA84/S12
- those allowable in computing a person’s profits for income tax purposes, (IHTM04172) and
- certain contributions to retirement benefits. (IHTM04193)If only part of a disposition satisfies the requirements of IHTA84/S12, you should treat the part that does and the part that does not as separate dispositions, IHTA84/S12 (5).
If the parties claim, or the information before you suggests, that a disposition is the provision of retirement benefits, you should refer your cases to TG.