The Inheritance Tax (Double Charges Relief) Regulations 1987

2. Introductory Text

1. Citation and commencement

3. 2. Interpretation

4. 3. Introductory

5. 4. Double charges—potentially exempt transfers and death

6. 5. Double charges—gifts with reservation and death

7. 6. Double charges—liabilities subject to abatement and death

8. 7. Double Charges—chargeable transfers and death

9. 8. Equal calculations of tax—special rule

10. 9. Schedule and saving

11. Signature

12. 1. SCHEDULE

       INTRODUCTORY

       1. 1. This Schedule provides examples of the operation of the Regulations....

       2. 2. In this Schedule— “cumulation” means the inclusion of the total...

       3. 3. Except where otherwise stated, the examples assume that— tax rates...

       4. PART I

          1. Regulation 4: Example

          2. First calculation under reg. 4 (4)(a)

          3. Second calculation under reg. 4 (4)(b)

          4. Result

       5. PART II

          1. Regulation 5: Example 1

          2. First calculation under reg. 5 (3)(a)

          3. Second calculation under reg. 5 (3)(b)

          4. Result

       6. PART II

          1. Regulation 5: Example 2

          2. First calculation under reg. 5 (3)(a)

          3. Second calculation under reg. 5(3)(b)

          4. Result

       7. PART III

          1. Regulation 6: Example 1

          2. First calculation under reg. 6 (3)(a)

          3. Second calculation under reg. 6 (3)(b)

          4. Result

       8. PART III

          1. Regulation 6: Example 2

          2. First calculation under reg. 6 (3)(a)

          3. Second calculation under reg. 6 (3)(b)

          4. Result

       9. PART III

          1. Regulation 6: Example 3

          2. First calculation under reg. 6 (3)(a)

          3. Second calculation under reg. 6 (3)(b)

          4. Result

       10. PART III

           1. Regulation 6: Example 4

           2. First calculation under reg. 6 (3)(a)

           3. Second calculation under reg. 6 (3)(b)

           4. Result

       11. PART IV

           1. Regulation 7: Example

           2. First calculation under reg. 7 (4)(a)

           3. Second calculation under reg. 7 (4)(b)

           4. Result

13. Explanatory Note