Inheritance tax as respects cash alternatives to annuities for dependants etc
11(1)In section 152 of the Inheritance Tax Act 1984 (where annuity payable on person’ death to dependant etc, person treated as not beneficially entitled to sum that could have been paid to personal representatives instead of being used for annuity), for “or dependant” substitute “, dependant or nominee”.
(2)The amendment made by sub-paragraph (1)—
(a)is to be treated as having come into force on 6 April 2015, and
(b)has effect where the person on whose death an annuity is payable dies on or after that date.