SCHEDULE 1U.K.
[F1Table of Rates of Tax
| Portion of value | Rate of tax | |
|---|---|---|
| Lower limit (£) | Upper limit (£) | Per cent. |
| 0 | 275,000 | Nil |
| 275,000 | 40] | |
Textual Amendments
F1Table in Sch. 1 substituted (with application to any chargeable transfer made on or after 6.4.2005 but before 6.4.2006) by Finance Act 2005 (c. 7), s. 98(1)(a)(3)
[F2Table of Rates of Tax
| Portion of value | Rate of tax | |
|---|---|---|
| Lower limit (£) | Upper limit (£) | Per cent. |
| 0 | 285,000 | Nil |
| 285,000 | 40] | |
Textual Amendments
F2Table in Sch. 1 substituted (with application to any chargeable transfer made on or after 6.4.2006 but before 6.4.2007) by Finance Act 2005 (c. 7), s. 98(1)(b)(4)
[F3Table of Rates of Tax
| Portion of value | Rate of tax | |
|---|---|---|
| Lower limit (£) | Upper limit (£) | Per cent. |
| 0 | 300,000 | Nil |
| 300,000 | 40] | |
Textual Amendments
F3Table in Sch. 1 substituted (with application to any chargeable transfer made on or after 6.4.2007) by Finance Act 2005 (c. 7), s. 98(1)(c)(2)(5)