Deed of Covenant – Tax Relief A Deed of Covenant is a legally binding written agreement to pay an agreed amount to another person. You must not receive any benefit in return for paying this amount. Covenants to certain individuals qualify for tax relief. You can claim relief on covenants to: One or more adults…
Tax relief on deeds of covenants
Deed of Covenants – Tax relief A Deed of Covenant is a legally binding written agreement to pay an agreed amount to another person. You must not receive any benefit in return for paying this amount. The deed must be properly drawn up, signed, witnessed, sealed and delivered to the covenantee to be legally effective.…
Deeds of covenants that qualify for tax relief
Covenants that qualify for relief A Deed of Covenant is a legally binding written agreement to pay an agreed amount to another person. You must not receive any benefit in return for paying this amount. Covenants to certain individuals qualify for tax relief. You can claim tax relief on covenants to: One or more adults…