SCHEDULE 35U.K.Gains on policies of life insurance etc: rate of tax
Gains included in aggregate income of estate of deceasedU.K.
4U.K.In section 699A(4)(b) of the Taxes Act 1988 (sums included in aggregate income of estate of the deceased by virtue of section 547(1)(c) to be assumed to bear tax at the basic rate) for “the basic rate” substitute “ the lower rate ”.