Formulas

Question 1

QSR

Answer 1

Tax paid x net transfer/ gross transfer x QSR

Question 2

Periodic charge

Answer 2

(Value of fund at anniversary LESS current NRB) x 6%

No periodic charge if value of trust property is less than NRB

Question 3

Effective rate

Answer 3

Periodic charge / trust value

Question 4

Exit charge

Answer 4

Capital withdrawn x ER x n/40

N = no. Of complete quarters since last periodic charge

Question 5

Private residence relief

Answer 5

Total qualifying period (months) / total ownership period (months) x total gain