Part IV Inheritance Tax

196 Rate bands: no indexation in 1993.

The Table substituted by section 72(1) of the M1Finance (No.2) Act 1992 shall apply to chargeable transfers made in the year beginning 6th April 1993, and accordingly section 8(1) of the M2Inheritance Tax Act 1984 (indexation of rate bands)shall not apply to such transfers.