178Transfer to spouse or civil partner not domiciled in United KingdomU.K.
This section has no associated Explanatory Notes
(1)Section 18 of IHTA 1984 (transfers between spouses or civil partners) is amended as follows.
(2)In subsection (2) (transfer to spouse or civil partner not domiciled in United Kingdom), for “£55,000” substitute “ the exemption limit at the time of the transfer, ”.
(3)After subsection (2) insert—
“(2A)For the purposes of subsection (2), the exemption limit is the amount shown in the second column of the first row of the Table in Schedule 1 (upper limit of portion of value charged at rate of nil per cent).”
(4)The amendments made by this section have effect in relation to transfers of value made on or after 6 April 2013.