Claims may be made on more than one occasion up to a “lifetime” total of £10 million.
Transfers between husband and wife or civil partners living together are generally
Capital gains of all trusts for 2015/16 are taxed at the rate of 28%. Where there
are several trusts created by the same settlor, the annual exemption is divided equally
between them, subject to a minimum exemption of £1,110 for each trust.