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The Inheritance Tax (Delivery of Accounts) Regulations 1990

S.I. 1990/1110 · Made 21 May 1990

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

INHERITANCE TAX

Made 21st May 1990

Laid before the House of Commons 22nd May 1990

Coming into force 1st July 1990

The Commissioners of Inland Revenue, in exercise of the powers conferred on them by section 256(1) of the Inheritance Tax Act 1984f1, hereby make the following Regulations:

Annotations to the whole text

Footnotes

f1

1984 c. 51. By virtue of section 100(1) and (2) of the Finance Act 1986 (c. 41) on and after 25th July 1986 the Capital Transfer Tax Act 1984 may be cited as the Inheritance Tax Act 1984, and any reference in that Act to capital transfer tax is to have effect as a reference to inheritance tax, except where the reference relates to a liability arising before 25th July 1986.

Contents

  1. 1Citation, commencement and extent
  2. 2Citation, commencement and extent
  3. 3Interpretation
  4. 4Amendments to Principal Regulations
  5. Signature
  6. Explanatory note

1Citation, commencement and extent

These Regulations may be cited as the Inheritance Tax (Delivery of Accounts) Regulations 1990 and shall come into force on 1st July 1990.

2Citation, commencement and extent

These Regulations do not extend to Scotland or Northern Ireland.

3Interpretation

In these Regulations “the Principal Regulations” means the Capital Transfer Tax (Delivery of Accounts)Regulations 1981f1.

4Amendments to Principal Regulations

In Regulation 3 of the Principal Regulations—

(a)

in paragraph (b) for “£100,000” there shall be substituted “£115,000”;

(b)

in paragraph (d) for “1st April 1989” there shall be substituted “1st April 1990”.

Signature

T. J. Painter

L. J. H. Beighton

Two of the Commissioners of Inland Revenue

21st May 1990

Explanatory note

(This note is not part of the Regulations)

The Principal Regulations(S.I. 1981/880) as amended by the Inheritance Tax (Delivery of Accounts) Regulations 1989 (S.I. 1989/1078) dispensed with the needto deliver an account for the purposes of inheritance tax where (subject to specified exceptions) the value of a deceased’s estate did not exceed £100,000 and where the deceased died on or after 1st April 1989. These Regulations increase that limit to £115,000 in respect of deaths on or after 1st April 1990.