Inheritance Tax Act 1984 (c. 51)

[F1 SCHEDULE 1A U.K. Gifts to charities etc: tax charged at lower rate

Textual Amendments

F1 Sch. 1A inserted (with effect in accordance with Sch. 33 para. 10(1) of the amending Act) by Finance Act 2012 (c. 14), Sch. 33 para. 1

The donated amount U.K.

4 U.K. The donated amount, for a component of the estate, is so much of the value transferred by the relevant transfer as (in total) is attributable to property that—

(a) forms part of that component, and

(b) is property in relation to which section 23(1) applies.]