I relatively new to the forum and please forgive me if this question has been asked before (I did search).
Anyway, in relation to the previously owned asset tax, has anyone got a view on whether it affects deeds of varition following the finance bill receiving royal assent.
In my opinion there is some confusion of deeds of variation exclusion crossing with the settlor interested trust. Can anyone clarify?
If the answer is that it is dependant on the drafting of the deed, I would be grateful if someone highlight the key areas to cover.
Kind regards
Darren
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