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Contents

Official guidance
Capital Gains Manual

CG37700P · Capital Gains Manual: Trusts and Capital Gains Tax: Becoming absolutely entitled: particular cases: Absolute entitlement: other special cases

  • CG37701 · Absolute entitlement: special cases: unauthorized distributions
  • CG37702 · Absolute entitlement: special cases: unauthorized distributions
  • CG37710 · Absolute entitlement: special cases: class closing rules: introduction
  • CG37711 · Absolute entitlement: special cases: class closing rules: introduction
  • CG37712 · Absolute entitlement: special cases: class closing rules: introduction
  • CG37720 · Absolute entitlement: special cases: class closing rules: main rules
  • CG37721 · Absolute entitlement: special cases: class closing rules: main rules
  • CG37722 · Absolute entitlement: special cases: class closing rules: main rules
  • CG37723 · Absolute entitlement: special cases: class closing rules: main rules
  • CG37730 · Absolute entitlement: class closing rules: possible birth of children
  • CG37731 · Absolute entitlement: class closing rules: possible birth of children
  • CG37732 · Absolute entitlement: class closing rules: possible birth of children
  • CG37733 · Absolute entitlement: class closing rules: possible birth of children
  • CG37740 · Absolute entitlement: special cases: infancy
  • CG37741 · Absolute entitlement: special cases: infancy
  • CG37742 · Absolute entitlement: special cases: infancy
  • CG37743 · Absolute entitlement: special cases: infancy
  • CG37750 · Absolute entitlement: but for being an infant
  • CG37751 · Absolute entitlement: but for being an infant
  • CG37752 · Absolute entitlement: but for being an infant
  1. Capital Gains Manual: Trusts and Capital Gains Tax: Becoming absolutely entitled: particular cases: Absolute entitlement: other special cases: contents
  2. Absolute entitlement: special cases: class closing rules: main rules

CG37723 | Absolute entitlement: special cases: class closing rules: main rules

From HM Revenue & Customs · Capital Gains Manual

If there is a gift to a class at a specific age, for example `to my grandchildren at 21’, the class closes at once if there are any members aged 21 or over, and otherwise closes when the first reaches 21. If there is an intervening death, then the test is applied when the previous interest terminates.

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