If your current account goes overdrawn without prior arrangement, you will be charged at the Unarranged Borrowing Rate. The interest rate for borrowing without an agreed overdraft facility is generally 15% unless we have agreed a different rate with you. Gross is the rate of interest payable with...
Prior to the reform of CGT in 2008, capital gains arising to settlor interested trusts were charged on the settlor rather than the trustees. These rules were abolished as they were no longer considered necessary. If an individual transfers property into a trust, that is a disposal...