Reply To: Change of circs


I meant to also say, but submitted instead of preview, the SPC Act at reg 5 states that the income/capital of the partner shall be treat as the claimants except in prescibed circs, but doent say what they are.
In the explanantion it states there are no plans to use this power to make regs ‘to prescribe’ and is included only to provide flexibilty in the future.