http://www.legislation.gov.uk/id/ukpga/1986/41

SCHEDULE 19 INHERITANCE TAX

PART I AMENDMENTS OF 1984 ACT

36

For Schedule 1 (rates of tax) there shall be substituted—

“SCHEDULE 1 TABLE OF RATES OF TAX
Portion
of value
Rate of tax
Lower limit
Upper limit
Per cent
£
£
0
71,000
Nil
71,000
95,000
30
95,000
129,000
35
129,000
164,000
40
164,000
206,000
45
206,000
257,000
50
257,000
317,000
55
317,000
–
60”

Portion	of value	Rate of tax
Lower limit	Upper limit	Per cent
£	£
0	71,000	Nil
71,000	95,000	30
95,000	129,000	35
129,000	164,000	40
164,000	206,000	45
206,000	257,000	50
257,000	317,000	55
317,000	–	60”