P283 CEEFAX 283  Frh  3 Nov  2  
      ]
     
     WV
 
           CAPITBL GAINS TBX            
 Gains are ta ed at th   n              
 marginbl income tax rate. In the case  
 of discrjtionarz, aca5mul1tion 1nd     
 maintenbnce trusts the rate isd35) and 
 in the case of lifetime trusts 25%.    
 aR pdRb   d @        db phd b d h      
                           +&thl 5th    
 Annubl Exemptions         April 1996   
                                        
                                        
 trusts for disabled        £6,000      
 persons                                
                                        
 Other trusts (maximum                  
  jpjnd ng on  umber of     £3          
 trusts crja ed by 3ame                 
 sjttlor since 1/6/78I                  
 LLLL
 UPI   TaxGuidj   Monjyfile   Annuities