Inheritance Tax Act 1984

S. 116(5A)-(5E) inserted (29.4.1996 with effect as mentioned in s. 185(5) of the amending Act) by 1996 c. 8, s. 185(2)

1890 c.39.

Finance Act 1986 Sch. 19, para. 22,with respect to transfers of value made, and other events occurring, on or after 18March 1986.

Words in s. 124A(6) substituted (6.3.1992 with effect as mentioned in s. 289(1)(2) of the substituting Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 10 para. 8(5) (with ss. 60, 101(1), 201(3)).

Finance Act 1987 Sch. 8, para. 9,with effect from 17March 1987.Originally “they shall be treated for the purposes of this section as if they were the original property (or that part of it)”.

S. 124A(7A) inserted (29.4.1996 with effect in relation to any transfer of value on or after 28.11.1995) by 1996 c. 8, s. 185(4)(7)

Finance Act 1986 Sch. 19, para. 22,with respect to transfers of value made, and other events occurring, on or after 18March 1986.

Words in s. 124B(2)(a)(5)(b) substituted (3.5.1994 with effect in relation to transfers of value made, and other events occurring, on or after 30.11.1993) by 1994 c. 9, s. 247(2)(a)(3)

Words in s. 124B(8) added (3.5.1994 with effect in relation to transfers of value made, and other events occurring, on or after 30.11.1993) by 1994 c. 9, s. 247(2)(b)(3)

Finance Act 1986 Sch. 19, para. 23(1),with effect from 18March 1986.Originally “(by virtue of section 7(2) above) additional tax becomes chargeable in respect of the value transferred by a chargeable transfer because of the transferor's death within three years of the transfer and”.

Finance Act 1986 Sch. 19, para. 23(2),with effect from 18March 1986.Originally “the additional tax”.

Finance Act 1986 Sch. 19, para. 23(3),with effect from 18March 1986.

S. 135: "127 of the 1992 Act" substituted (6.3.1992 with effect as mentioned in s. 289(1)(2) of the substituting Act) for "section 78 of the Capital Gains Tax Act 1979" by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 10 para. 8(6) (with ss. 60, 101(1), 201(3)).

Words in s. 135 substituted (6.3.1992 with effect as mentioned in s. 289(1)(2) of the substituting Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 10 para. 8(6) (with ss. 60, 101(1), 201(3)).

Finance Act 1987 Sch. 8, para. 10,with effect from 17March 1987.Originally “shares quoted on a recognised stock exchange”.

Finance Act 1987 Sch. 8, para. 10,with effect from 17March 1987.Originally “shares in or debentures of the company which are not so quoted”.

Words in s. 138 substituted (6.3.1992 with effect as mentioned in s. 289(1)(2) of the substituting Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 10 para. 8(7) (with ss. 60, 101(1), 201(3)).

Finance Act 1987 Sch. 8, para. 11,with effect from 17March 1987.Originally “shares not quoted on a recognised stock exchange”.

1975 c. 7.

S. 142(2)(2A) substituted for s. 142(2) (24.7.2002 with application as mentioned in s. 120(4) of the amending Act) by 2002 c. 23, s. 120(1)(4)

Finance Act 1986 Sch. 19, para. 24,with effect from 18March 1986.

1975 c. 63.

S.I. 1979/924 (N.I. 8.).

Finance Act 1986 s. 101(3), Sch. 19, para. 25, and Sch. 23, Part X,repealed ss.148and 149 (exemption for mutual transfers)where the donee's transfer is made on or after 18March 1986.

1935 c. 2.

1973 c. 21.

1955 c. 22.

S.I. 1963/2085.

1958 c. 14.

1935 c. 2.

1973 c. 21.

1971 c. 56.

1981 c. 55.

1975 c. 7.

Hong Kong (British National) Order 1986, S.I. 1986/948 (not reproduced)with effect from 1July 1986.

1952 c. 67.

1960 c.44

1947 c.46

1959 c.49

Words in s. 157(5) substituted (29.4.1996 with effect in relation to deaths occurring on or after 29.4.1996) by 1996 c. 8, s. 198, Sch. 37 para. 12(1)(3)

Words in s. 157(5) repealed (26.3.2001) by S.I. 2001/1149, art. 3(2), Sch. 2 (with art. 4(4))

S. 157(5)(b) and the preceding “and” repealed (29.4.1996 with effect as mentioned in Sch. 37 of the amending Act) by 1996 c. 8, s. 205, Sch. 41 Pt. VIII(2), note

S. 157(6) inserted (29.4.1996 with effect in relation to deaths occurring on or after 29.4.1996) by 1996 c. 8, s. 198, Sch. 37 para. 12(2)(3)

See Finance Act 1986 s. 100(1) and (2)—for any liability to tax arising on and after 25July 1986any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

See Finance Act 1986 s. 100(1) and (2)— for any liability to tax arising on and after 25July 1986 any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

1945 c.13.

1946 c.1 (N.I.).

1975 c.7.

See Finance Act 1986 s. 100(1) and (2)— for any liability to tax arising on and after 25July 1986 any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

See Finance Act 1986 s. 100(1)and (2)—for any liability to tax arising on and after 25July 1986any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

See Finance Act 1986 s. 100(1)and (2)—for any liability to tax arising on and after 25July 1986any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

Finance Act 1989 s. 171(4),with effect from 14March 1989.

Words in s. 161(2)(b) substituted (31.7.1998 with effect in relation to any property becoming property of a body on a transfer of value made on or after 17.3.1998) by 1998 c. 36, s. 143(6)

See Finance Act 1986 s. 100(1)and (2)—for any liability to tax arising on and after 25July 1986any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

See Finance Act 1986 s. 100(1)and (2)—for any liability to tax arising on and after 25July 1986any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

Words in s. 165 substituted (6.3.1992 with effect as mentioned in s. 289(1)(2) of the substituting Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 10 para. 8(8) (with ss. 60, 101(1), 201(3)).

1984 Sch.14 para.16.

Repealed by Finance Act 1986 s. 114(6)and Sch. 23, Part X,where the donee's transfer is made on or after 18March 1986.

Finance Act 1987 Sch. 8, para. 12(1),with effect from 17March 1987.

Repealed by 1987 s. 58(2)and Sch. 8, para.12(2),with effect from 17March 1987.

See Finance Act 1986 s. 100(1)and (2)—for any liability to tax arising on and after 25July 1986any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

Words in s. 174(1)(b) substituted (29.4.1996 with effect as mentioned in s. 105, Sch. 14 para. 2(2) of the amending Act) by 1996 c. 8, s. 104, Sch. 14 para. 2(1)

See Finance Act 1986 s. 100(1)and (2)—for any liability to tax arising on and after 25July 1986any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

Finance Act 1987 Sch. 8, para. 13(1),with effect from 17March 1987.Originally “at the date of the death in question are quoted on a recognised stock exchange”.

Words in s. 178(2) substituted (29.4.1996 with effect in relation to investments sold or treated as sold, on or after 1.4.1996) by 1996 c. 8, s. 199, Sch. 38 para. 4(1)(a)(3)

Finance Act 1987 Sch. 8, para. 13(2)(a),with effect from 17March 1987.

Words in s. 178(2) substituted (29.4.1996 with effect in relation to investments sold or treated as sold, on or after 1.4.1996) by 1996 c. 8, s. 199, Sch. 38 para. 4(1)(b)(3)

Repealed by FInance Act 1987 s. 58(2), Sch. 8, para. 13(2)(b)and Sch. 16, Part IX,with effect from 17March 1987.

Word in s. 180(3) substituted (29.4.1996 with effect in relation to any time falling on or after 1.4.1996) by 1996 c. 8, s. 199, Sch. 38 para. 3(1)(2)

Finance 1987 Sch. 8, para. 14,with effect from 17March 1987.

S. 183: "127 of the 1992 Act" substituted (6.3.1992 with effect as mentioned in s. 289(1)(2) of the substituting Act) for "section 78 of the Capital Gains Tax Act 1979" by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 10 para. 8(9) (with ss. 60, 101(1), 201(3)).

Words in s. 183 substituted (6.3.1992 with effect as mentioned in s. 289(1)(2) of the substituting Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 10 para. 8(9) (with ss. 60, 101(1), 201(3)).

Ss. 186A, 186B inserted (27.7.1993: the inserting section having effect in relation to deaths occuring on or after 16.3.1992) by 1993 c. 34, s. 198(1)(2).

Ss. 186A, 186B inserted (27.7.1993: the inserting section having effect in relation to deaths occuring on or after 16.3.1992) by 1993 c. 34, s. 198(1)(2).

Word in s. 186B(1) substituted (29.4.1996 with effect in relation to investments sold, or treated as sold, on or after 1.4.1996) by 1996 c. 8, s. 199, Sch. 38 para. 4(2)(3)

Words in s. 187 substituted (6.3.1992 with effects as mentioned in s. 289(1)(2) of the substituting Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 10 para. 8(10) (with ss. 60, 101(1), 201(3)).

See Finance Act 1986 s. 100(1)and (2)—for any liability to tax arising on and after 25July 1986any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

Words in s. 194 substituted (6.3.1992 with effects as mentioned in s. 289(1)(2) of the substituting Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 10 para. 8(11) (with ss. 60, 101(1), 201(3)).

S. 197A inserted (27.7.1993: the inserting section having effect in relation to deaths occuring on or after 16.3.1990) by 1993 c. 34, s. 199(1)(2).

1981 c. 66.

1972 c. 52.

Finance Act 1986 Sch. 19, para. 26,with effect from 18March 1986.Originally “(2) Where the chargeable transfer is made within three years of the transferor's death, subsection (1)(a) above shall not apply in relation to so much of the tax as exceeds what it would have been had the transferor died more than three years after the transfer.”.

Finance Act 1986 Sch. 19, para. 27,with effect from 18 March 1986.Originally “three years”.

Finance Act 1987 (No.2) Sch. 7, para. 3(2),with effect from 17 March 1987.

Finance Act 1987 (No.2) Sch. 7, para. 3(3),with effect from 17 March 1987.

Repealed by 1986 s. 101(3), Sch. 19, para. 28(1)and Sch. 23, Part X,with effect from 18March 1986.

Income and Corporation Act 1986 Sch. 19, para. 28(2),with effect from 18March 1986.

Finance Act 1986 Sch. 19, para. 28(3),with effect from 18March 1986.Originally “(7) Subsection (6) above shall not apply in relation to such an excess as is mentioned in subsection (4) above.”

Repealed by Finance Act 1988 s. 148and Sch. 14, Part X,with effect from 15March 1988.

Finance Act 1985 Sch. 26, para. 10,in relation to events occurring after 18March 1985.

1964 c.41.

S. 216 excluded (1.8.2002) by S.I. 2002/1733, reg. 4

S. 216 excluded (1.8.2002) by S.I. 2002/1731, reg. 3

Finance Act 1986 Sch. 19, para. 29,with effect from 18March 1986.

Finance Act 1987 (No.2) Sch. 7, para. 4(2),with effect from 17March 1987.

S. 216(3)(3A)(3B) substituted for s. 216(3) (27.7.1999 with effect as mentioned in s. 105(2) of the amending Act) by 1999 c. 16, s. 105

1986 c.41.

Finance Act 1986 Sch. 19, para. 29(3),with effect from 18March 1986.

Finance Act 1987 (No.2) Sch. 7, para. 4(3),with effect from 17March 1987.

Finance Act 1985 Sch. 26, para. 11,in relation to events occurring after 18March 1985.

S. 218A inserted (24.7.2002 with application as mentioned in s. 120(4) of the amending Act) by 2002 c. 23, s. 120(2)(4)

Ss. 219A, 219B inserted (27.7.1999) by 1999 c. 16, s. 106

Ss. 219A, 219B inserted (27.7.1999) by 1999 c. 16, s. 106

Finance Act 1985 Sch. 26, para. 5,in relation to events occurring after 18March 1985.

S. 222(4)(4A)(4B) substituted (27.7.1993: the substituting section applying as mentioned in s. 200(3) of c. 34) for s. 222(4), by 1993 c. 34, s. 200(1)(3).

S. 225 and sidenote substituted (1.9.1994) by S.I. 1994/1813, reg. 2(1), Sch. 1 para. 21

S. 225A inserted (16.7.1992) by Finance (No. 2) Act 1992 (c. 48), s. 76, Sch. 16 para. 8.

Finance Act 1986 Sch. 19, para. 30(1),with effect from 18March 1986.Originally “three years”.

Repealed by 1988 s. 148and Sch. 14, Part X,with effect from 15March 1988.

Finance Act 1986 Sch. 19, para. 30(2),with effect from 18March 1986.

Finance Act 1985 Sch. 26, para. 11,in relation to events occurring after 18March 1985.

Finance Act 1987 Sch. 8, para. 15(1),with effect from 17March 1987.Originally “Subsection (1) above does not apply to tax payable on the value transferred by a potentially exempt transfer which proves to be a chargeable transfer, except to the extent that the tax is attributable to qualifying property which is owned by the transferee immediately before the death of the transferor (or, if earlier, his own death).” as inserted by Finance Act 1986 Sch. 19, para. 31(1)with effect from 18March 1986.

S. 227(1AA) inserted (16.7.1992) by Finance (No. 2) Act 1992 (c. 48), s. 73, Sch. 14 paras. 5, 8, 9.

Word in s. 227(1AA) substituted (29.4.1996 with effect as mentioned in Sch. 38 para. 5(2) of the amending Act) by 1996 c. 8, s. 199, Sch. 38 para. 5(1)

Finance Act 1986 Sch. 19, para. 31(1),with effect from 18March 1986.

Finance Act 1987 Sch. 8, para. 15(2),with effect from 17March 1987.Originally “subsection (1A) above.”

Finance Act 1987 Sch. 8, para. 15(3),with effect from 17March 1987.

Finance Act 1986 Sch. 19, para. 31(2),with effect from 18March 1986.

Finance Act 1987 Sch. 8, para. 16(1),with effect from 17March 1987.Originally “not falling under paragraph (a) above and not quoted on a recognised stock exchange”.

Finance Act 1987 Sch. 8, para. 16(1),with effect from 17March 1987.Originally “not falling under paragraph (a) above and not quoted on a recognised stock exchange”.

Finance Act 1987 Sch. 8, para. 16(2),with effect from 17March 1987.

S. 228(5) added (16.7.1992) by Finance (No. 2) Act 1992 (c. 48), s. 73, Sch. 14 paras. 6, 8, 9.

Word in s. 228(5) substituted (29.4.1996 with effect as mentioned in Sch. 38 para. 5(2) of the amending Act) by 1996 c. 8, s. 199, Sch. 38 para. 5(1)

S. 230: functions of the Lord President of the Council under s. 230 transferred (3.7.1992) to the Secretary of State by virtue of S.I. 1992/1311, art. 3(1), Sch. 1 Pt. I. S. 230: transfer of functions (S.) (1.7.1999) by S.I. 1999/1750, arts. 1(1), 2, Sch. 1; S.I. 1998/3178, art. 3

Words in s. 230(1)(3)(4)(a)(b) substituted (3.7.1992) by S.I. 1992/1311, art. 12(2), Sch. 2 para. 6(2)(3)(4).

1979 c.46.

Words in s. 230(3)(c) substituted (29.8.1995) by S.I. 1995/1625 (N.I. 9), art. 45(1), Sch. 3 para. 1(1)(2)(e)

Definition in s. 230(5) omitted (3.7.1992) by virtue of S.I. 1992/1311, art. 12(2), Sch. 2 para. 6(5).

S. 230(6)(7) inserted (1.7.1999) by S.I. 1999/1756, arts. 1(1), 2, Sch. para. 8 (with art. 8); S.I. 1998/3178, art. 3

Finance Act 1985 Sch. 26, para. 11,in relation to events occurring after 18March 1985.

Finance Act 1987 s. 60(1),with effect from 17March 1987.

Finance Act 1989 s. 179(1)(d).Originally “subsection (2) below.”

Finance Act 1987 s. 60(2),with effect from 17March 1987.

Amended by Finance Act 1986 Sch. 19, para. 32,with efect from 18March 1986and repealed by Finance Act 1989 s. 187and Sch. 17, Part Xwith effect from an appointed day in accordance with Finance Act 1989 s. 178(7) (By S.I. 1989 No. 1298, the appointed day is August 18th 1989))

Repealed by Finance Act 1989 s. 187and Sch. 17, Part Xwith effect from an appointed day in accordance with Finance Act 1989 s. 178(7).By S.I. 1989 No. 1298the appointed day is 18August 1989.

Companies Act 1989 s. 144(4)and Sch. 18 para. 30(4)with effect from the appointed day—on and after 1November 1990 (S.I. 1990 No. 1392).Originally “within the meaning of”.

Companies Consolidation (Consequential Provisions) Act 1985 (c. 9, SIF 27), Sch. 2,with effect from 1July 1985.Originally “Companies Act 1948”.

Finance Act 1986 s. 107(2),in relation to events on or after 27October 1986“the day of The Stock Exchange reforms”—(as defined in s. 106(8)and s. 107(8)).

S. 234(4) amended (6.1.1993) by S.I. 1992/3181, reg.4 (as amended (1.12.2001) by S.I. 2001/3629, art. 135)

Finance Act 1989 s. 180(4);deemed always to have had effect.

Finance Act 1986 Sch. 19, para. 33(1),with effect from 18March 1986.Originally “three years”.

Repealed by Finance Act 1988 s. 148and Sch. 14, Part X,with effect from 15March 1988.

Finance Act 1986 Sch. 19, para. 33(2),with effect from 18March 1986.

1975 c.63.

S.I. 1979/924 (N.I.8).

“149” repealed by Finance Act 1986 Sch. 23, Part X,with effect from 18March 1986.

Finance Act 1989 s. 179(1)(e).Originally “rate for the time being applicable under section 233(2)(b) above.”

Finance Act 1989 s. 179(1)(e).Originally “rate for the time being applicable under section 233(2)(a) above.”

Finance Act 1989 s. 179(3).Originally “as if section 233(1)(b) above had applied.”

Words in s. 237(3) substituted (27.7.1999 with effect as mentioned in s. 107(3) of the amending Act) by 1999 c. 16, s. 107(1)(3)

Words in s. 237(3) repealed (1.1.1997) by 1996 c. 47, s. 25(2), Sch. 4 (with ss. 24(2), 25(4)(5)); S.I. 1996/2974, art. 2

Finance Act 1986 Sch. 19, para. 34, with effect from 18 March 1986.

S. 237(3B)(3C) inserted (27.7.1999 with effect as mentioned in s. 107(3) of the amending Act) by 1999 c. 16, s. 107(2)(3)

S. 237(6) extended (13.10.2003) by 2002 c. 9, ss. 31, 136(2) (with s. 129); S.I. 2003/1725, art. 2(1)

S. 238 extended (13.10.2003) by 2002 c. 9, ss. 31, 136(2) (with s. 129); S.I. 2003/1725, art. 2(1)

1970 c.18 (N.I.).

S. 238(3)(a) substituted (13.10.2003) by 2002 c. 9, ss. 133, 136(2), Sch. 11 para. 17 (with s. 129); S.I. 2003/1725, art. 2(1)

Finance Act 1986 Sch. 19, para. 35,with effect from 18March 1986.

Words in s. 242(3) substituted (27.7.1993: the substituting section applying as mentioned in s. 200(3) of c. 34) by 1993 c. 34, s. 200(2)(3).

See Part II, Other Legislation.

1971 c.58.

Ss. 245, 245A substituted for s. 245 (27.7.1999 with effect as mentioned in s. 108(3) of the amending Act) by 1999 c. 16, s. 108(1)(3)

Ss. 245, 245A substituted for s. 245 by (27.7.1999 with effect as mentioned in s. 108(3) of the amending Act) by 1999 c. 16, s. 108(1)(3)

S. 245A(1A) inserted (24.7.2002 with application as mentioned in s. 120(4) of the amending Act) by 2002 c. 23, s. 120(3)(a),(4)

S. 245A(4)(aa) inserted (24.7.2002 with application as mentioned in s. 120(4) of the amending Act) by 2002 c. 23, s. 120(3)(b),(4)

S. 246 repealed (1.9.1994) by S.I. 1994/1813, reg. 2(1), Sch. 1 para. 20, Sch. 2 Pt. I

S. 249(1):transfer of functions (S.) (20.5.1999) by S.I. 1999/679, arts. 1(2), 2, Sch; S.I. 1998/3178, art. 2(2), Sch. 4

1947 c.44.

S. 251 and sidenote substituted (1.9.1994) by S.I. 1994/1813, reg. 2(1), Sch. 1 para.22

1891 c.39.

1946 c.64.

1946 c.17. (N.I.).

See Finance Act 1986 s. 100(1)and (2)—for any liability to tax arising on and after 25July 1986any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

1890 c.21.

See Finance Act 1986 s. 100(1)and (2)—for any liability to tax arising on and after 25July 1986any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

1808 c.149.

S. 264(8) modified (1.8.2002) by S.I. 2002/1731, reg. 7 S. 264(8) modified (1.8.2002) by S.I. 2002/1733, reg. 8

Finance Act 1987 (No.2) Sch. 7, para. 5,with effect from 17March 1987.

S. 267A inserted (6.4.2001) by 2000 c. 12, s. 11; S.I. 2000/3316, art. 2

Words in s. 270 substituted (6.3.1992 with effects as mentioned in s. 289(1)(2) of the substituting Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 10 para. 8(12) (with ss. 60, 101(1), 201(3)).

Words in s. 272 inserted (24.7.2002 with effect as mentioned in s. 119(6)(7) of the amending Act) by 2002 c. 23, s. 119(4)(6)(7)

Finance Act 1987 Sch. 8, para. 17,with effect from 17 March 1987.

S. 272: words in the definition of “quoted” and “unquoted” substituted (29.4.1996 with effect as mentioned in Sch. 38 para. 2(2) of the amending Act) by 1996 c. 8, s. 199, Sch. 38 para. 2(1)(b)

Words in s. 272 inserted (24.7.2002 with effect as mentioned in s. 119(6)(7) of the amending Act) by 2002 c. 23, s. 119(4)(6)(7)

“1970” inserted by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), Sch. 29, para. 32.

1970 c.10.

Income and Corporation Taxes Act Sch. 29, para. 32.

Words in s. 272 added (6.3.1992 with effects as mentioned in s. 289(1)(2) of the amending Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 10 para. 8(13) (with ss. 60, 101(1), 201(3)).

By Finance Act 1986 s. 100(1),on and after 25July 1986the 1984Act may be cited as the Inheritance Tax Act and the tax charged under the 1984Act shall be known as inheritance tax.

1978 c.30.

By Finance Act 1986 s. 100(1),on and after 25July 1986the Capital Transfer Tax Act 1984may be cited as the Inheritance Tax Act 1984.

Finance Act 1986 Sch. 19, para. 37(1)(a),with effect from 18March 1986.Originally “new Tables”.

Finance Act 1986 Sch. 19, para. 37(1)(b),with effect from 18March 1986.Originally “the Tables”.

Finance Act 1986 Sch. 19 para. 37(2)with effect from 18March 1986.Originally “come”.

Finance Act 1986 Sch. 19, para. 37(3)with effect from 18March 1986.

Finance Act 1986 Sch. 19, para. 37(4)(a),with effect from 18March 1986.Originally “three years”.

Finance Act 1986 Sch. 19 para. 37(4)(b)with effect from 18March 1986.

Finance Act 1986 Sch. 19, para. 37(4)(a),with effect from 18March 1986.Originally “three years”.

Repealed by Finance Act 1986 s. 101(3), Sch. 19, para. 37(4)(c)and Sch. 23, Part X,with effect from 18March 1986.

Finance Act 1986 Sch. 19, para. 37(1)(b),with effect from 18March 1986.Originally “the Tables.”

Repealed by Finance Act 1986, s. 101(3), Sch. 19, para. 37(5)and Sch. 23, Part Xwith effect from 18March 1986.

Finance Act 1986 Sch. 19, para. 37(1)(b),with effect from 18March 1986.Originally “the Tables.”

Repealed by Finance Act 1986, s. 101(3), Sch. 19, para. 37(6)and Sch. 23, Part Xwith effect from 18March 1986.

Finance Act 1986 Sch. 19, para. 37(1)(b),with effect from 18March 1986.Originally “the Tables.”

Finance Act 1985 Sch. 26, para. 5,in relation to events occurring after 18March 1985.

Finance Act 1986 Sch. 19, para. 37(1)(b),with effect from 18March 1986.Originally “the Tables.”

Finance Act 1986 Sch. 19, para. 37(1)(b),with effect from 18March 1986.Originally “the Tables.”

Repealed by Finance Act 1986 s. 114(6)and Sch. 23, Part X,with effect from 18March 1986.

By Finance Act 1985 s. 95, the functions of the Treasury were transferred to the Commissioners of Inland Revenue (“the Board”).

National Heritage (Scotland) Act 1985 (c. 16, SIF 78) Sch. 2, para. 4, with effect from 1 October 1985 (S.I. 1985 No. 851 (c. 13) (s. 79)). Originally “The Royal Scottish Museum”.

Words in Sch. 3 substituted (E.W.S.) (1.4.1992) by Natural Heritage (Scotland) Act 1991 (c. 28, SIF 46:1), s. 4(6), Sch. 2 para. 9; S.I. 1991/2633, art. 4.

Sch. 3: entry for "health service body" inserted by National Health Service and Community Care Act 1990 (c. 19), s. 61(5) (with effect from the appointed day: on and after 17 September 1990, see S.I. 1990 No. 1329).

By Finance Act 1985 s. 95,the functions of the Treasury were transferred to the Commissioners of Inland Revenue (“the Board”).

1982 c.39.

1976 c.40.

1925 c.20.

S.I. 1979/1575 (N.I. 14).

1975 c.7.

1976 c.40.

Finance Act 1985 Sch. 26, para. 12,in relation to events occurring after 18March 1985.

1982 c.39.

Finance Act 1987 Sch. 9, para. 2,in relation to directions given on or after 17March 1987.

Finance Act 1986 Sch. 19, para. 38(1),with effect from 18March 1986.Originally “under the appropriate Table”.

Finance Act 1986 Sch. 19, para. 38(2),with effect from 18March 1986.

Finance Act 1986 Sch. 19, para. 38(3),with effect from 18March 1986.Originally “ten years”.

Finance Act 1986 Sch. 19, para. 38(4),with effect from 18March 1986.Originally “(9) For the purposes of sub-paragraph (1) above the appropriate Table is the second Table in Schedule 1 to this Act, and for the purposes of sub-paragraphs (2) and (3) above it is (if the settlement was made on death) the first Table in that Schedule and (if not) the second.”

Finance Act 1987 Sch. 9, para. 3,where the occasion of the charge or potential charge to tax under para.8above falls on or after 17March 1987.

By Finance Act 1985 s. 95,the functions of the Treasury were transferred to the Commissioners of Inland Revenue (“the Board”).

1975 c. 7.

1975 c. 7.

1975 c. 7.

1975 c.7.

See Finance Act 1986 s. 100(1)and (2)—for any liability to tax arising on and after 25July 1986any reference in the legislation to capital transfer tax has effect as a reference to inheritance tax.

1975 c. 7.

1894 c. 30.

1930 c. 28.

1950 c. 15.

Finance Act 1986 Sch. 19, para. 39,with effect from 18March 1986.

1931 c. 24 (N.I.).

S.I. 1972/1100

Schedule 7as originally enacted in the Capital Transfer Tax Act 1984,in relation to capital transfer tax.

1976 c. 40.

Repealed by Finance Act 1986 Sch. 19, para. 25,where the donee's transfer is made on or after 18March 1986.

Schedule 8as originally enacted in the Capital Transfer Tax Act 1984,in relation to capital transfer tax.

Sch. 8 para. 1 repealed (13.10.2003) by 2002 c. 9, ss. 135, 136(2), Sch. 13 (with s. 129, Sch. 12 para. 1); S.I. 2003/1725, art. 2(1)

1947 c. 44.

1972 c. 61.

1975 c. 7.

Repealed by Finance Act 1985 s. 93and Sch. 27, Part X,in relation to disposals on or after 19March 1985.

1977 c.36.

Sch. 8 paras. 9-12 repealed (6.3.1992 with effects as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with ss. 60, 101(1), 201(3), Sch. 11 paras. 20, 22, 26, 27).

Sch. 8 paras. 9-12 repealed (6.3.1992 with effects as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with ss. 60, 101(1), 201(3), Sch. 11 paras. 20, 22, 26, 27).

Sch. 8 paras. 9-12 repealed (6.3.1992 with effects as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with ss. 60, 101(1), 201(3), Sch. 11 paras. 20, 22, 26, 27).

Sch. 8 paras. 9-12 repealed (6.3.1992 with effects as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with ss. 60, 101(1), 201(3), Sch. 11 paras. 20, 22, 26, 27).

1. c.17.

1980 c.48.

1980 c. 48.

1981 c. 54.

1982 c. 39.

1982 c.39.

Sch. 8 para. 23 repealed (6.3.1992 with effects as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with ss. 60, 101(1), 201(3), Sch. 11 paras. 20, 22, 26, 27).

1983 c. 55.

Sch. 8 para. 25 repealed (1.10.1992) by S.I. 1992/811 (N.I. 7), art. 52, Sch.2; S.R. 1992/393, art. 3,Sch.

Act modified (with effect in accordance with s. 195(12) of the amending Act) by Finance Act 2003 (c. 14), s. 195

S. 6(1A) inserted (with effect as stated in s. 186(8) of the amending Act) by Finance Act 2003 (c. 14), s. 186(2)

S. 272: definition inserted (with effect as stated in s. 186(8) of the amending Act) by Finance Act 2003 (c. 14), s. 186(6)

S. 272: definition inserted (with effect as stated in s. 186(8) of the amending Act) by Finance Act 2003 (c. 14), s. 186(7)

Words in s. 178(1) inserted (with effect as stated in s. 186(8) of the amending Act) by Finance Act 2003 (c. 14), s. 186(4)(a)

Words in s. 178(1) repealed (with effect as stated in the note to Sch. 43 Pt. 4(1) of the amending Act) by Finance Act 2003 (c. 14), s. 216, Sch. 43 Pt. 4(1)

Words in s. 13(4)(c) substituted (with effect as mentioned in s. 723(1)(a)(b) (subject to Sch. 7) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), ss. 722, 723(1), Sch. 6 para. 151(1)(a)(2)

Words in s. 72(4A) substituted (with effect as mentioned in s. 723(1)(a)(b) (subject to Sch. 7) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), ss. 722, 723(1), Sch. 6 para. 151(1)(b)(2)

Words in s. 86(3)(c) substituted (with effect as mentioned in s. 723(1)(a)(b) (subject to Sch. 7) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), ss. 722, 723(1), Sch. 6 para. 151(1)(c)(2)

Words in s. 14(1) substituted (with effect as mentioned in s. 723(1)(a)(b) (subject to Sch. 7) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), ss. 722, 723(1), Sch. 6 para. 152

Words in s. 190(4) inserted (10.7.2003) by Finance Act 2003 (c. 14), s. 123, Sch. 18 para. 2

Act modified (1.11.2004 with effect as mentioned in reg. 1 of the amending S.I.) by The Inheritance Tax (Delivery of Accounts) (Excepted Estates) Regulations 2004 (S.I. 2004/2543), reg. 7(2)

S. 104 excluded (1.11.2004 with effect as mentioned in reg. 1 of the amending S.I.) by The Inheritance Tax (Delivery of Accounts) (Excepted Estates) Regulations 2004 (S.I. 2004/2543), reg. 4(7)

S. 116 excluded (1.11.2004 with effect as mentioned in reg. 1 of the amending S.I.) by The Inheritance Tax (Delivery of Accounts) (Excepted Estates) Regulations 2004 (S.I. 2004/2543), reg. 4(7)

S. 264(8) modified (1.11.2004 with effect as mentioned in reg. 1 of the amending S.I.) by The Inheritance Tax (Delivery of Accounts) (Excepted Estates) Regulations 2004 (S.I. 2004/2543), reg. 10

Pt. 3 Ch. 3 modified (22.7.2004) by Finance Act 2004 (c. 12), s. 283, Sch. 36 para. 56(2)(b) (with s. 283(5))

Pt. 3 Ch. 3 modified (22.7.2004) by Finance Act 2004 (c. 12), s. 283, Sch. 36 para. 57(1) (with s. 283(5))

Words in s. 12(2) substituted (6.4.2006) by Finance Act 2004 (c. 12), ss. 203(2)(a), 284 (with Sch. 36)

S. 151(1)(1A) repealed (6.4.2006) by Finance Act 2004 (c. 12), ss. 203(4)(a), 284, 326, Sch. 42 Pt. 3 (with Sch. 36)

Words in s. 151(2)(4)(5) substituted (6.4.2006) by Finance Act 2004 (c. 12), ss. 203(4)(b), 284 (with Sch. 36)

Word in s. 151(2)(b) substituted (6.4.2006) by Finance Act 2004 (c. 12), ss. 203(4)(c), 284 (with Sch. 36)

Words in s. 152 substituted (6.4.2006) by Finance Act 2004 (c. 12), ss. 203(5), 284 (with Sch. 36)

S. 230: functions of the Secretary of State in certain circumstances made exercisable concurrently with the National Assembly for Wales (31.12.2004) by The National Assembly for Wales (Transfer of Functions) Order 2004 (S.I. 2004/3044), art. 2, Sch. 1

Word in s. 245(2)(a)(3) substituted (with effect as mentioned in s. 295(5) of the amending Act) by Finance Act 2004 (c. 12), s. 295(2)(a)

S. 245(4A) inserted (with effect as mentioned in s. 295(6) of the amending Act) by Finance Act 2004 (c. 12), s. 295(2)(b)

S. 245A(1B) inserted (with effect as mentioned in s. 295(7) of the amending Act) by Finance Act 2004 (c. 12), s. 295(3)(a)

S. 247 restricted (22.7.2004 for certain purposes and otherwise 1.8.2004) by Finance Act 2004 (c. 12), s. 313(4)(c) (with ss. 314, 319(5))

Words in s. 247(3) substituted (with effect as mentioned in s. 295(9) of the amending Act) by Finance Act 2004 (c. 12), s. 295(4)(b)

Words in s. 256(1)(a) substituted (22.7.2004) by Finance Act 2004 (c. 12), s. 293(2)(a)

S. 256(1)(aa) inserted (22.7.2004) by Finance Act 2004 (c. 12), s. 293(2)(b)

Words in s. 256(1)(b) inserted (22.7.2004) by Finance Act 2004 (c. 12), s. 293(2)(c)