SCHEDULE 1U.K.[F1TABLE OF RATES OF TAX]
Textual Amendments
F1Sch. 1: Table substituted, unless Parliament determined otherwise (19.3.1991 in relation to chargeable transfers on or after 6.4.1991) by S.I.1991/735, art. 2
Portion of value | Rate of tax | |
---|---|---|
Lower limit | Upper limit | Per cent |
£ | £ | |
0 | 140,000 | NIL |
140,000 | 40 |