Statutory Instruments
2003 No. 1658
INHERITANCE TAX
The Inheritance Tax (Delivery of Accounts) (Excepted Estates) (Amendment) Regulations 2003
Made
25th June 2003
Laid before the House of Commons
30th June 2003
Coming into force
1st August 2003
The Commissioners of Inland Revenue, in exercise of the powers conferred on them by section 256(1)(a) of the Inheritance Tax Act 1984 ( 1 ), hereby make the following Regulations:
Citation, commencement, and effect
1. These Regulations may be cited as the Inheritance Tax (Delivery of Accounts) (Excepted Estates) (Amendment) Regulations 2003, shall come into force on 1st August 2003, and shall have effect in relation to deaths occurring on or after 6th April 2003.
Amendment to the Inheritance Tax (Delivery of Accounts) (Excepted Estates) Regulations 2002
2. In regulation 3(2)(e) of the Inheritance Tax (Delivery of Accounts) (Excepted Estates) Regulations 2002 ( 2 ), for “£220,000” substitute “£240,000”.
Nick Montagu
Helen Ghosh
Two of the Commissioners of Inland Revenue
25th June 2003
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 to tax arising before 25th July 1986.