IHT in Discretionary Trusts - A Guide to Tax Issues on Converting from QIIP to Inside RPR

Introduction

Taxing IHT inside the relevant property trust regime can be complicated enough with a straightforward trust.

When the trust converts from a qualifying interest in possession trust (‘QIIP’) to being inside the relevant property regime (‘RPR’), the taxation calculations can get even more tricky.

This short webinar will address these issues, showing how to deal with the conversion of a QIIP into the RPR, and the impact on the anniversary charge when it does so, including grossing up where relevant.

The webinar will guide you through both the legislation and some practical examples.

What You Will Learn

This short webinar will cover the following:

• Reminder of what a QIIP is and what the relevant property regime is
• How does a QIPP passing into the PRP impact the exit charge?
• How does it impact the anniversary charge?
• Examples

This pre-recorded webinar will be available to view from Monday 7th July 2025

Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.