Textual Amendments
F1The Inheritance Tax (Indexation) Order 1990, S.I. 1990/680with effect from 6April 1990.Tax charges which would formerly have been calculated on a separate lifetime scale are levied at one half of the above rates.
| Portion of value | Rate of tax | |
|---|---|---|
| Lower limit | Upper limit | Per cent |
| £ | £ | |
| 0 | 128,000 | NIL |
| 128,000 | 40 | |