Exit and principal charges – a practical guide

The taxation of relevant property trusts remains a complex area for many practitioners, particularly when calculating exit charges and ten-year principal (anniversary) charges. Errors can lead to unexpected tax liabilities, reporting issues and poor client outcomes.

This practical webinar provides a step-by-step guide to understanding when these charges arise, how they are calculated and the reporting obligations that follow. Through worked examples and practical guidance, delegates will gain the confidence to undertake these calculations accurately and advise clients on the potential tax consequences of establishing and administering trusts.

Topics covered include:

• An introduction to the relevant property regime
• A guided example on calculating an exit charge in the first ten years of the trust
• A guided example on calculating the principal or anniversary charge
• A guided example on calculating later exit charges
• A run through on how to report these charges to HMRC