This type of arrangement is called an elective deferral.
The criteria for qualifying for an elderly deferral of property tax vary by state.
The deferral in the title refers to the fact that annuitant will not receive any payments from the plan until later.
For investors with large capital gains, the CGT deferral has not been changed.
Mr Ching could not quantify the indirect cost to council taxpayers of the deferral of other capital schemes.