Paul Saunders

Carry on Varying

In Ralph Ray's article, 'Carry on Varying' (in Taxation, 9 May 2002), he highlights for practitioners certain issues relating to deeds of variation dated on or after 1 August 2002. In particular, he identifies that clients making such a deed also need to consider if a declaration for the purposes of section 142, Inheritance Tax Act 1984 and/or section 62(6), Taxation of Chargeable Gains Act 1992 should be included within it.