LegalizeReform history
Inheritance Tax Act 1984
74 versions
· 1984-07-31
2025-04-06
Inheritance Tax Act 1984
2025-03-21
Inheritance Tax Act 1984
2025-03-20
Inheritance Tax Act 1984
2024-11-04
Inheritance Tax Act 1984
2024-10-30
Inheritance Tax Act 1984
2024-10-21
Inheritance Tax Act 1984
2024-05-24
Inheritance Tax Act 1984
2022-06-06
Inheritance Tax Act 1984
2021-07-26
Inheritance Tax Act 1984
2021-06-10
Inheritance Tax Act 1984
2020-12-31
Inheritance Tax Act 1984
2020-07-22
Inheritance Tax Act 1984
2019-02-12
Inheritance Tax Act 1984
2018-04-01
Inheritance Tax Act 1984
2017-11-16
Inheritance Tax Act 1984
2016-09-15
Inheritance Tax Act 1984
2015-11-19
Inheritance Tax Act 1984
2015-11-18
Inheritance Tax Act 1984
2015-04-06
Inheritance Tax Act 1984
2015-03-26
Inheritance Tax Act 1984
2014-07-17
Inheritance Tax Act 1984
2014-04-06
Inheritance Tax Act 1984
2013-07-17
Inheritance Tax Act 1984
2013-04-01
Inheritance Tax Act 1984
2012-12-31
Inheritance Tax Act 1984
2012-07-17
Inheritance Tax Act 1984
2012-06-20
Inheritance Tax Act 1984
2012-04-01
Inheritance Tax Act 1984
2011-07-19
Inheritance Tax Act 1984
2011-06-16
Inheritance Tax Act 1984
2010-04-08
Inheritance Tax Act 1984
2010-04-01
Inheritance Tax Act 1984
2010-01-12
Inheritance Tax Act 1984
2010-01-01
Inheritance Tax Act 1984
2009-12-01
Inheritance Tax Act 1984
2009-10-31
Inheritance Tax Act 1984
2009-10-01
Inheritance Tax Act 1984
2009-07-21
Inheritance Tax Act 1984
2009-06-01
Inheritance Tax Act 1984
2009-04-06
Inheritance Tax Act 1984
2009-04-01
Inheritance Tax Act 1984
2009-03-28
Inheritance Tax Act 1984
2008-07-21
Inheritance Tax Act 1984
2008-04-06
Inheritance Tax Act 1984
2008-04-01
Inheritance Tax Act 1984
2007-10-09
Inheritance Tax Act 1984
2007-07-19
Inheritance Tax Act 1984
2007-04-06
Inheritance Tax Act 1984
2006-10-01
Inheritance Tax Act 1984
2006-07-19
Inheritance Tax Act 1984
2006-05-02
Inheritance Tax Act 1984
2006-04-06
Inheritance Tax Act 1984
2006-04-03
Inheritance Tax Act 1984
Changes on 2006-04-03
@@ -5526,9 +5526,17 @@
- (3A) Regulations under this section may only be made—
- (a) in relation to England and Wales or Northern Ireland, after consulting the Lord Chancellor;
- (b) in relation to Scotland, after consulting the Scottish Ministers.
- (a) in relation to England and Wales, after consulting the Lord Chancellor;
- (b) in relation to Scotland, after consulting the Scottish Ministers;
- (c) in relation to Northern Ireland, after consulting the Lord Chief Justice of Northern Ireland.
- (3B) The Lord Chief Justice of Northern Ireland may nominate any of the following to exercise his functions under subsection (3A)—
- (a) the holder of one of the offices listed in Schedule 1 to the Justice (Northern Ireland) Act 2002;
- (b) a Lord Justice of Appeal (as defined in section 88 of that Act).
- (4) The power to make regulations under this section shall be exercisable by statutory instrument, which shall be subject to annulment in pursuance of a resolution of the House of Commons.
@@ -5540,7 +5548,13 @@
- (2) All accounts to be delivered to the Board under this Act shall be supported by such books, papers and other documents, and verified (whether on oath or otherwise) in such manner, as the Board may require.
- (3) For the purposes of this Act, an account delivered to a probate registry pursuant to arrangements made between the President of the Family Division and the Board or delivered to the Probate and Matrimonial Office in Northern Ireland pursuant to arrangements made between the Lord Chancellor and the Board shall be treated as an account delivered to the Board.
- (3) For the purposes of this Act, an account delivered to a probate registry pursuant to arrangements made between the President of the Family Division and the Board or delivered to the Probate and Matrimonial Office in Northern Ireland pursuant to arrangements made between the Lord Chief Justice of Northern Ireland and the Board shall be treated as an account delivered to the Board.
- (4) The Lord Chief Justice of Northern Ireland may nominate any of the following to exercise his functions under subsection (3)—
- (a) the holder of one of the offices listed in Schedule 1 to the Justice (Northern Ireland) Act 2002;
- (b) a Lord Justice of Appeal (as defined in section 88 of that Act).
#### Service of documents
@@ -6690,7 +6704,7 @@
## SCHEDULE 9
#### Chargeable transfers and exempt transfers.
#### Charge on transfers.
##### 3A
@@ -7402,7 +7416,7 @@
- (6) For the purposes of this section, a person shall be treated as acquiring property for a consideration in money or money’s worth if he becomes entitled to it as a result of transactions which include a disposition for such consideration (whether to him or another) of that or other property. ]
#### Transfers on death.
#### Meaning of estate.
##### 71A
@@ -7856,7 +7870,7 @@
- (3) Section 71D above does not apply to property in which there subsists a disabled person's interest within subsection (1)(c) above (but see also section 71D(5) above).
#### Dispositions by close companies for benefit of employees.
#### Waiver of remuneration.
##### 109A
@@ -8170,7 +8184,7 @@
- (5) The rate or rates at which tax is charged under section 151B above is to be determined as if the new Table effecting the reduction of tax (or the most recent reduction of tax) had been in force at the time of the member's death.
#### Gifts to charities.
#### Gifts to political parties.
##### 151C
@@ -8272,7 +8286,7 @@
$$AEANRBM×100$where—AE is the adjusted excess, that is the amount by which M would be greater than VT under section 8A(2) above in the case of the member or dependant if—(a) the amount on which tax is charged under section 151D above were included in the value transferred by the chargeable value made on the death of the member or dependant, and(b) the nil-rate band maximum at the time of the death were ANRBM; andANRBM is the adjusted nil-rate band maximum, that is the nil-rate band maximum in the applicable Table (as reduced under subsection (5) above where that subsection applies).$
#### Exceptions from charge on death
#### Special rate of charge where settled property affected by potentially exempt transfer.
#### Effect of alterations of capital, etc
@@ -9946,6 +9960,12 @@
[^c19468601]: Words in [s. 256(3)](https://www.legislation.gov.uk/ukpga/1984/51/section/256/3) inserted (22.7.2004) by [Finance Act 2004 (c. 12)](https://www.legislation.gov.uk/ukpga/2004/12), [s. 293(5)](https://www.legislation.gov.uk/ukpga/2004/12/section/293/5)
[^c19469071]: [S. 256(3A)(3B)](https://www.legislation.gov.uk/ukpga/1984/51/section/256/3A/3B) substituted for s. 256(3A) (3.4.2006) by [Constitutional Reform Act 2005 (c. 4)](https://www.legislation.gov.uk/ukpga/2005/4), [ss. 15](https://www.legislation.gov.uk/ukpga/2005/4/section/15), [148(1)](https://www.legislation.gov.uk/ukpga/2005/4/section/148/1), [Sch. 4 para. 176](https://www.legislation.gov.uk/ukpga/2005/4/schedule/4/paragraph/176); [S.I. 2006/1014](https://www.legislation.gov.uk/uksi/2006/1014), [art. 2(a)](https://www.legislation.gov.uk/uksi/2006/1014/article/2/a), [Sch. 1 para. 11(r)](https://www.legislation.gov.uk/uksi/2006/1014/schedule/1/paragraph/11/r)
[^c19469331]: Words in [s. 257(3)](https://www.legislation.gov.uk/ukpga/1984/51/section/257/3) substituted (3.4.2006) by [Constitutional Reform Act 2005 (c. 4)](https://www.legislation.gov.uk/ukpga/2005/4), [ss. 15](https://www.legislation.gov.uk/ukpga/2005/4/section/15), [148(1)](https://www.legislation.gov.uk/ukpga/2005/4/section/148/1), [Sch. 4 para. 177(2)](https://www.legislation.gov.uk/ukpga/2005/4/schedule/4/paragraph/177/2); [S.I. 2006/1014](https://www.legislation.gov.uk/uksi/2006/1014), [art. 2(a)](https://www.legislation.gov.uk/uksi/2006/1014/article/2/a), [Sch. 1 para. 11(r)](https://www.legislation.gov.uk/uksi/2006/1014/schedule/1/paragraph/11/r)
[^c19469351]: [S. 257(4)](https://www.legislation.gov.uk/ukpga/1984/51/section/257/4) inserted (3.4.2006) by [Constitutional Reform Act 2005 (c. 4)](https://www.legislation.gov.uk/ukpga/2005/4), [ss. 15](https://www.legislation.gov.uk/ukpga/2005/4/section/15), [148(1)](https://www.legislation.gov.uk/ukpga/2005/4/section/148/1), [Sch. 4 para. 177(3)](https://www.legislation.gov.uk/ukpga/2005/4/schedule/4/paragraph/177/3); [S.I. 2006/1014](https://www.legislation.gov.uk/uksi/2006/1014), [art. 2(a)](https://www.legislation.gov.uk/uksi/2006/1014/article/2/a), [Sch. 1 para. 11(r)](https://www.legislation.gov.uk/uksi/2006/1014/schedule/1/paragraph/11/r)
[^c13614951]: [1891 c.39](https://www.legislation.gov.uk/ukpga/1891/39).
[^c13614961]: [1946 c.64](https://www.legislation.gov.uk/ukpga/1946/64).
@@ -10264,8 +10284,6 @@
[^c19468131]: Words in [s. 245A(5)](https://www.legislation.gov.uk/ukpga/1984/51/section/245A/5) inserted (with effect as mentioned in [s. 295(8)](https://www.legislation.gov.uk/ukpga/2004/12/section/295/8) of the amending Act) by [Finance Act 2004 (c. 12)](https://www.legislation.gov.uk/ukpga/2004/12), [s. 295(3)(b)(ii)](https://www.legislation.gov.uk/ukpga/2004/12/section/295/3/b/ii)
[^c19468621]: [S. 256(3A)](https://www.legislation.gov.uk/ukpga/1984/51/section/256/3A) inserted (22.7.2004) by [Finance Act 2004 (c. 12)](https://www.legislation.gov.uk/ukpga/2004/12), [s. 293(6)](https://www.legislation.gov.uk/ukpga/2004/12/section/293/6)
[^c13615411]: [1970 c.9](https://www.legislation.gov.uk/ukpga/1970/9).
[^c19470611]: Table in [Sch. 1](https://www.legislation.gov.uk/ukpga/1984/51/schedule/1) substituted (with application to any chargeable transfer made on or after 6.4.2005 but before 6.4.2006) by [Finance Act 2005 (c. 7)](https://www.legislation.gov.uk/ukpga/2005/7), [s. 98(1)(a)(3)](https://www.legislation.gov.uk/ukpga/2005/7/section/98/1/a/3)
@@ -10280,13 +10298,13 @@
The National Gallery.
#### Relevant property.
#### Qualifying interest in possession.
The National Gallery.
#### Commencement of settlement.
#### Rate of ten-yearly charge.
#### Ten-year anniversary.
#### Added property, etc.
The British Museum.
@@ -10294,22 +10312,22 @@
#### Gifts to charities.
#### Effect of alterations of capital, etc
#### The relief.
#### Voidable transfers.
#### Transfers where participators are trustees.
#### Relevant business property.
#### . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The National Gallery.
#### Dependant dying with other pension fund
#### Cash options.
#### Effect of conclusions of review
#### Unauthorised payment where person dies over 75 with pension or annuity
#### Overseas pensions.
#### Notifying appeal to tribunal after review concluded
#### Failure to provide information etc.
#### . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The National Gallery.
#### Provision of incorrect information.
The British Museum.
2006-03-22
Inheritance Tax Act 1984
2005-12-05
Inheritance Tax Act 1984
2005-04-07
Inheritance Tax Act 1984
2005-04-06
Inheritance Tax Act 1984
2005-03-16
Inheritance Tax Act 1984
2004-12-31
Inheritance Tax Act 1984
2004-11-01
Inheritance Tax Act 1984
2004-07-22
Inheritance Tax Act 1984
2004-03-17
Inheritance Tax Act 1984
2003-12-01
Inheritance Tax Act 1984
2003-10-13
Inheritance Tax Act 1984
2003-07-10
Inheritance Tax Act 1984
2003-04-06
Inheritance Tax Act 1984
2003-03-27
Inheritance Tax Act 1984
2002-10-16
Inheritance Tax Act 1984
2002-07-24
Inheritance Tax Act 1984
2001-01-30
Inheritance Tax Act 1984
1995-05-01
Inheritance Tax Act 1984
1994-09-01
Inheritance Tax Act 1984
1993-03-20
Inheritance Tax Act 1984
1984-07-31
Inheritance Tax Act 1984
original version
Text at this date