Inheritance Tax Act 1984 (c. 51)

SCHEDULE 1 U.K.

[F1 Table of Rates of Tax

Portion of value		Rate of tax
Lower limit (£)	Upper limit (£)	Per cent.
0	312,000	Nil
312,000		40]

Textual Amendments

F1 Table in Sch. 1 substituted (with application to any chargeable transfer made on or after 6.4.2008 but before 6.4.2009) by Finance Act 2006 (c. 25), s. 155(1)(a)(3)

[F2 Table of Rates of Tax

Portion of value		Rate of tax
Lower limit (£)	Upper limit (£)	Per cent.
0	325,000	Nil
325,000		40]

Textual Amendments

F2 Table in Sch. 1 substituted (with application to any chargeable transfer made on or after 6.4.2009) by Finance Act 2006 (c. 25), s. 155(1)(b)(2)(4)