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
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
Changes on 2003-10-13
@@ -4936,7 +4936,11 @@
- (3) In this section “*the time of the disposition*” means—
- (a) in relation to registered land, the time of registration of the disposition, and
- (a) in relation to registered land—
- (i) if the disposition is required to be completed by registration, the time of registration, and
- (ii) otherwise, the time of completion,
- (b) in relation to other property, the time of completion.
@@ -6126,7 +6130,7 @@
##### 1
In section 73 of the Land Registration Act 1925 for the words “Part III of the Finance Act 1975” there shall be substituted the words “the Capital Transfer Tax Act 1984” and for the words “that Part” there shall be substituted the words “that Act”.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
### The Crown Proceedings Act 1947
@@ -6322,7 +6326,7 @@
## SCHEDULE 9
#### Charge on transfers.
#### Chargeable transfers and exempt transfers.
##### 3A
@@ -6986,7 +6990,7 @@
- (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. ]
#### Relevant property.
#### Qualifying interest in possession.
##### 71A
@@ -7440,7 +7444,7 @@
- (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).
#### Added property, etc.
#### Rate of ten-yearly charge.
##### 109A
@@ -7754,7 +7758,7 @@
- (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.
#### Transfers where participators are trustees.
#### Effect of alterations of capital, etc
##### 151C
@@ -7856,9 +7860,9 @@
$$AEANRBM×100$where—AE is the adjusted excess, that is the amount by which M would be greater than VT under section 8A(2) above in the case of the member or dependant if—(a) the amount on which tax is charged under section 151D above were included in the value transferred by the chargeable value made on the death of the member or dependant, and(b) the nil-rate band maximum at the time of the death were ANRBM; andANRBM is the adjusted nil-rate band maximum, that is the nil-rate band maximum in the applicable Table (as reduced under subsection (5) above where that subsection applies).$
#### Relevant business property.
#### Unauthorised payment where person dies over 75 with pension or annuity
#### The relief.
#### Dependant dying with other pension fund
##### 186A
@@ -8092,7 +8096,7 @@
- (9) If subsection (8) applies, HMRC must notify the appellant of the conclusion which the review is treated as having reached.
#### Overseas pensions.
#### Cash options.
##### 223F
@@ -9224,6 +9228,12 @@
[^c13614611]: S. 237(6) extended (13.10.2003) by [2002 c. 9](https://www.legislation.gov.uk/ukpga/2002/9), [ss. 31](https://www.legislation.gov.uk/ukpga/2002/9/section/31), [136(2)](https://www.legislation.gov.uk/ukpga/2002/9/section/136/2) (with [s. 129](https://www.legislation.gov.uk/ukpga/2002/9/section/129)); [S.I. 2003/1725](https://www.legislation.gov.uk/uksi/2003/1725), [art. 2(1)](https://www.legislation.gov.uk/uksi/2003/1725/article/2/1)
[^c13614622]: [S. 238](https://www.legislation.gov.uk/ukpga/1984/51/section/238) extended (13.10.2003) by [2002 c. 9](https://www.legislation.gov.uk/ukpga/2002/9), [ss. 31](https://www.legislation.gov.uk/ukpga/2002/9/section/31), [136(2)](https://www.legislation.gov.uk/ukpga/2002/9/section/136/2) (with [s. 129](https://www.legislation.gov.uk/ukpga/2002/9/section/129)); [S.I. 2003/1725](https://www.legislation.gov.uk/uksi/2003/1725), [art. 2(1)](https://www.legislation.gov.uk/uksi/2003/1725/article/2/1)
[^c13614651]: [1970 c.18 (N.I.)](https://www.legislation.gov.uk/apni/1970/18).
[^c13614661]: [S. 238(3)(a)](https://www.legislation.gov.uk/ukpga/1984/51/section/238/3/a) substituted (13.10.2003) by [2002 c. 9](https://www.legislation.gov.uk/ukpga/2002/9), [ss. 133](https://www.legislation.gov.uk/ukpga/2002/9/section/133), [136(2)](https://www.legislation.gov.uk/ukpga/2002/9/section/136/2), [Sch. 11 para. 17](https://www.legislation.gov.uk/ukpga/2002/9/schedule/11/paragraph/17) (with [s. 129](https://www.legislation.gov.uk/ukpga/2002/9/section/129)); [S.I. 2003/1725](https://www.legislation.gov.uk/uksi/2003/1725), [art. 2(1)](https://www.legislation.gov.uk/uksi/2003/1725/article/2/1)
[^c13614671]: Finance Act 1986 Sch. 19, para. 35,*with effect from* 18*March* 1986.
[^c21423181]: [S. 240A](https://www.legislation.gov.uk/ukpga/1984/51/section/240A) inserted (1.4.2011) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [s. 99](https://www.legislation.gov.uk/ukpga/2009/10/section/99), [Sch. 51 para. 12](https://www.legislation.gov.uk/ukpga/2009/10/schedule/51/paragraph/12); [S.I. 2010/867](https://www.legislation.gov.uk/uksi/2010/867), [art. 2(2)](https://www.legislation.gov.uk/uksi/2010/867/article/2/2)
@@ -9422,6 +9432,8 @@
[^c13616461]: [Schedule 7](https://www.legislation.gov.uk/ukpga/1984/51/schedule/7)*as originally enacted in the Capital Transfer Tax Act* 1984,*in relation to capital transfer tax.*
[^c13616511]: [Sch. 8 para. 1](https://www.legislation.gov.uk/ukpga/1984/51/schedule/8/paragraph/1) repealed (13.10.2003) by [2002 c. 9](https://www.legislation.gov.uk/ukpga/2002/9), [ss. 135](https://www.legislation.gov.uk/ukpga/2002/9/section/135), [136(2)](https://www.legislation.gov.uk/ukpga/2002/9/section/136/2), [Sch. 13](https://www.legislation.gov.uk/ukpga/2002/9/schedule/13) (with [s. 129](https://www.legislation.gov.uk/ukpga/2002/9/section/129), [Sch. 12 para. 1](https://www.legislation.gov.uk/ukpga/2002/9/schedule/12/paragraph/1)); [S.I. 2003/1725](https://www.legislation.gov.uk/uksi/2003/1725), [art. 2(1)](https://www.legislation.gov.uk/uksi/2003/1725/article/2/1)
[^c13616521]: [1947 c. 44](https://www.legislation.gov.uk/ukpga/1947/44).
[^c13616531]: [1972 c. 61](https://www.legislation.gov.uk/ukpga/1972/61).
@@ -9542,10 +9554,6 @@
[^c13614371]: [1985 c.6](https://www.legislation.gov.uk/ukpga/1985/6).
[^c13614621]: [S. 238](https://www.legislation.gov.uk/ukpga/1984/51/section/238) extended (prosp.) by [2002 c. 9](https://www.legislation.gov.uk/ukpga/2002/9), [ss. 31](https://www.legislation.gov.uk/ukpga/2002/9/section/31), [136(2)](https://www.legislation.gov.uk/ukpga/2002/9/section/136/2) (with [s. 129](https://www.legislation.gov.uk/ukpga/2002/9/section/129))
[^c13614631]: [1970 c.18 (N.I.)](https://www.legislation.gov.uk/apni/1970/18).
[^c13614791]: Words in [s. 247(1)](https://www.legislation.gov.uk/ukpga/1984/51/section/247/1) substituted (27.7.1999 with effect as mentioned in s. 108(4) in the amending Act) by [1999 c. 16](https://www.legislation.gov.uk/ukpga/1999/16), [s. 108(2)(a)(i)](https://www.legislation.gov.uk/ukpga/1999/16/section/108/2/a/i)
[^c13614801]: Words in [s. 247(1)](https://www.legislation.gov.uk/ukpga/1984/51/section/247/1) substituted (27.7.1999 with effect as mentioned in s. 108(4) in the amending Act) by [1999 c. 16](https://www.legislation.gov.uk/ukpga/1999/16), [s. 108(2)(a)(ii)](https://www.legislation.gov.uk/ukpga/1999/16/section/108/2/a/ii)
@@ -9568,12 +9576,10 @@
[^c13616071]: Entry in Sch. 3 substituted (30.1.2001) by [2000 c. 37](https://www.legislation.gov.uk/ukpga/2000/37), [ss. 73(4)](https://www.legislation.gov.uk/ukpga/2000/37/section/73/4), [103(2)](https://www.legislation.gov.uk/ukpga/2000/37/section/103/2), [Sch. 8 para. 1(i)](https://www.legislation.gov.uk/ukpga/2000/37/schedule/8/paragraph/1/i)
[^c13616501]: [1925 c. 21](https://www.legislation.gov.uk/ukpga/1925/21).
[^M_F_9be58232-189c-415e-999f-17c0bbaf2687]: S. 158(1ZA)(1ZB) inserted (retrospectively and with application in accordance with s. 32(6)) by [Finance Act 2018 (c. 3)](https://www.legislation.gov.uk/ukpga/2018/3), [s. 32(3)(4)](https://www.legislation.gov.uk/ukpga/2018/3/section/32/3/4)
The National Gallery.
#### Notifying appeal to tribunal after review concluded
The British Museum.
#### Effect of conclusions of review
The National Gallery.
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