SCHEDULES
SCHEDULE 15Charge to income tax on benefits received by former owner of property
Introductory
F12
1
For the purposes of this Schedule whether a person is connected with another person is determined in accordance with section 993 of the Income Tax Act 2007.
2
But for those purposes sections 993 and 994 of that Act are to be read as if in those sections—
a
“relative” included uncle, aunt, nephew and niece, and
b
“settlement”, “settlor” and “trustee” had the same meanings as in IHTA 1984.