UUÂãÁÄÖ±²¥

Inheritance Tax Act 1984 (1984 c 51)

This Act establishes the framework for the assessment and collection of inheritance tax in the United Kingdom. It delineates the values of estates subject to taxation, outlines exemptions, and sets the applicable tax rates. The legislation aims to equitably tax the transfer of assets upon death and includes provisions for lifetime transfers. Notable elements include reliefs for agricultural and business property to encourage economic continuity. By instituting these rules, the Act seeks to balance revenue generation with fairness in inheritance structuring.

Quick and comprehensive access to the most accurate, up-to-date legislation.

UUÂãÁÄÖ±²¥ traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.

TAKE A FREE TRIAL

Inheritance Tax Act 1984 (1984 c 51)

This Act establishes the framework for the assessment and collection of inheritance tax in the United Kingdom. It delineates the values of estates subject to taxation, outlines exemptions, and sets the applicable tax rates. The legislation aims to equitably tax the transfer of assets upon death and includes provisions for lifetime transfers. Notable elements include reliefs for agricultural and business property to encourage economic continuity. By instituting these rules, the Act seeks to balance revenue generation with fairness in inheritance structuring.

Quick and comprehensive access to the most accurate, up-to-date legislation.

UUÂãÁÄÖ±²¥ traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.

TAKE A FREE TRIAL

Inheritance Tax Act 1984 (1984 c 51)
60 . . . 82 . . . [82A . . .]
145 . . . 148 . . . 149 . . . [151A . . .] [151B . . .] [151BA . . .] [151C . . .] [151D . . .] [151E . . .]
219 . . . [219A . . .] [219B . . .] 220 . . . [220A . . .] [225 . . .] [225A . . .] 246 . . . [251 . . .]

Related legal guidance

Related tax documents

Popular documents