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Pre Owned Assets Tax
Pre-owned assets tax (POAT) can be payable when a donor continues to benefit from an asset (typically a house) that they have given away either to a beneficiary (such as their son or daughter) or to a trust.
This is a tax trap that donors and trustees should keep under regular review.
At Hart Brown our specialist lawyers and independent financial advisers can help with all aspects of tax planning and advise on tax implications if you dispose of any assets inside or outside a trust.
To speak to someone who can advise on pre-owned assets tax or any other issue related to a trust call, email or request a call back from one of our specialist lawyers.
Who to contact
Paul Tobias
Senior Partner, Head of Trusts & Investments
01483 887760
Email
Request a callback