Finance Act 2016 (c. 24)

SCHEDULES

SCHEDULE 15 U.K. Inheritance tax: increased nil-rate band

2 (1) Section 8D (extra nil-rate band on death if interest in home goes to descendants etc) is amended as follows. U.K.

(2) In subsection (4), after “8G” insert “ (and see also section 8M) ”.

(3) In subsection (9), before the definition of “tax year” insert—

““consumer prices index” means the all items consumer prices index published by the Statistics Board,”.