{
  "url": "https://openlegislation.uk/inheritance-tax-indexation-order-1993/article-2",
  "json_url": "https://openlegislation.uk/inheritance-tax-indexation-order-1993/article-2.json",
  "legislation": "uksi/1993/759",
  "legislation_title": "The Inheritance Tax (Indexation) Order 1993",
  "legislation_url": "https://openlegislation.uk/inheritance-tax-indexation-order-1993",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": null,
  "text": "The amounts which, unless Parliament otherwise determines, shall be treated by virtue of section 8 of the Inheritance Tax Act 1984 as specified in the Table in Schedule 1 to that Act in relation to chargeable transfers on or after 6th April 1993 are as follows—\nTABLE OF RATES OF TAX\nPortion of value\nRate of tax\nLower Limit\nUpper Limit\nPer cent.\n£\n£\n0\n154,000\nNIL\n154,000\n—\n40",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "The Table in Schedule 1 was substituted by section 72(1) of the Finance (No. 2) Act 1992 in relation to chargeable transfers made on or after 10th March 1992. Previously, the Table in that Schedule was substituted by the Inheritance Tax (Indexation) Orders 1991, 1990 and 1989 (S.I. 1991/735 1990/680, 1989/468) in relation to chargeable transfers on or after 6th April 1991, 1990 and 1989 respectively; and prior to that, the Table in that Schedule was that substituted by section 136(1) of the Finance Act 1988 and by section 57(2) of the Finance Act 1987 in relation to chargeable transfers made on or after 15th March 1988 and 17th March 1987 respectively. Prior to that, the Table was that substituted by section 101(3) of, and paragraph 36 of Schedule 19 to, the Finance Act 1986 with respect to transfers of value made, and other events occurring on or after 18th March 1986, subject to Part II of Schedule 19 to that Act."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1993/759/article/2",
    "retrieved_at": "2026-10-29T14:00:39.494867+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}